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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
Listed for sale 3 days ago
$ 141,900
ROI
22.9
Cash Flow/m
124- 3 Bed
- 2 Bath
- 1114 sft
718 W Roane St, Sullivan, IL, 61951
$ 169,000
ROI
22.7Cash Flow/m
139- 3 Bed
- 1 Bath
- 1488 sft
630 Sunrise Dr, Sullivan, IL, 61951
$ 145,000
ROI
22.8Cash Flow/m
121- 3 Bed
- 2 Bath
- 1100 sft
510 W Hunter St, Sullivan, IL, 61951
$ 149,900
ROI
22.5Cash Flow/m
112- 3 Bed
- 2 Bath
- 1233 sft
701 S Madison St, 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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