Under $300K Investment Properties for Sale in Tallula, IL
Listed for sale 2 days ago
$ 135,000
ROI
27.4
Cash Flow/m
286- 4 Bed
- 1 Bath
- 1718 sft
505 S Ewing St, Tallula, IL, 62688
$ 115,000
ROI
27.9Cash Flow/m
260- 2 Bed
- 1 Bath
- 968 sft
503 S Elm St, Tallula, IL, 62688
$ 139,900
ROI
23.3Cash Flow/m
138- 4 Bed
- 1 Bath
- 1878 sft
404 N Ewing St, Tallula, IL, 62688
$ 150,000
ROI
23.2Cash Flow/m
144- 3 Bed
- 2 Bath
- 2015 sft
307 N Elm St, Tallula, IL, 62688
Why Invest in Tallula, Illinois?
Investing in properties under $300k in Illinois offers great potential for long-term growth. The state has a favorable job market and a modest average rental yield. With an average cash flow of $250 and a cap rate around 7%, investors can benefit from steady returns.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for apartments in Illinois typically hovers around $1,200 per month, depending on the location and type of property.
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