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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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, 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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