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

Property at 505 S Ewing St, Tallula, IL
Listed for sale 2 days ago
$ 135,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign286
  • 4 Bed
  • 1 Bath
  • 1718 sft
505 S Ewing St, Tallula, IL, 62688
Property at 503 S Elm St, Tallula, IL
$ 115,000
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign260
  • 2 Bed
  • 1 Bath
  • 968 sft
503 S Elm St, Tallula, IL, 62688
Property at 404 N Ewing St, Tallula, IL
$ 139,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign138
  • 4 Bed
  • 1 Bath
  • 1878 sft
404 N Ewing St, Tallula, IL, 62688
Property at 307 N Elm St, Tallula, IL
$ 150,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign144
  • 3 Bed
  • 2 Bath
  • 2015 sft
307 N Elm St, Tallula, IL, 62688

Why Invest in Tallula, Illinois?

Investing under $200k in Tallula, IL can be a remarkable opportunity for real estate investors. With properties offering promising rental yields and stable cash flows, this area presents attractive options for adding to your portfolio. The overall housing market shows an appealing cap rate which is beneficial in the long run.

8.5%
Avg. ROI
10%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Tallula, investors can find single-family homes, small multifamily units, and even some fixer-uppers within the under $200k price range.

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