Investment Properties Under $200K in Sullivan, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Sullivan, IL

Property at 720 W Jefferson St, Sullivan, IL
Listed for sale today
$ 109,900
ROI
30.1ROI percentage
Cash Flow/m
Dollar sign315
  • 2 Bed
  • 1 Bath
  • 832 sft
720 W Jefferson St, Sullivan, IL, 61951
Property at 305 N Madison St, Sullivan, IL
$ 134,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign122
  • 3 Bed
  • 1 Bath
  • 1300 sft
305 N Madison St, Sullivan, IL, 61951
Property at 15 E Louis St, Sullivan, IL
$ 132,500
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign79
  • 3 Bed
  • 2 Bath
  • 1056 sft
15 E Louis St, Sullivan, IL, 61951
Property at 7 Victory Ct APT B, Sullivan, IL
$ 150,000
ROI
28.7ROI percentage
Cash Flow/m
Dollar sign373
  • 2 Bed
  • 1 Bath
  • 1052 sft
7 Victory Ct APT B, Sullivan, IL, 61951

Why Invest in Sullivan, Illinois?

Investing in Sullivan, IL, particularly in properties under $200k, offers great potential for long-term gains. With an average rental yield of 8% and a cap rate around 10%, the market presents viable opportunities for investors. The affordability of homes in this area makes it a perfect starting point for new investors looking to build equity.

15%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

Sullivan offers affordable property options under $200k, strong rental yields, and a growing job market, making it an attractive investment locale.

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