Under $500K Investment Properties for Sale in Sullivan, IL
Listed for sale 6 days ago
$ 249,900
ROI
21.6
Cash Flow/m
127- 3 Bed
- 2 Bath
- 1819 sft
1304 S Patterson Rd, Sullivan, IL, 61951
Listed for sale 6 days ago
$ 160,000
ROI
23.1Cash Flow/m
150- 3 Bed
- 1 Bath
- 1059 sft
730 N Camfield St, Sullivan, IL, 61951
$ 169,000
ROI
22.2Cash Flow/m
115- 3 Bed
- 2 Bath
- 1262 sft
704 Sunshine Dr, Sullivan, IL, 61951
$ 159,900
ROI
23.3Cash Flow/m
157- 3 Bed
- 1 Bath
- 1092 sft
1219 W Edwards St, Sullivan, IL, 61951
Why Invest in Sullivan, Illinois?
Investing in Sullivan, Illinois, especially with properties under $500k, offers appealing opportunities for budget-conscious investors. The town's affordable real estate market boasts strong rental yields and a solid appreciation rate, making it a compelling choice for passive income generation. With a growing economy and a supportive community, Sullivan is positioned for long-term growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a home in Sullivan, IL is approximately $950 per month, making it an affordable option compared to larger metropolitan areas.
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