Under $200K Investment Properties for Sale in Thomasboro, IL
Listed for sale 7 days ago
$ 190,000
ROI
26.6
Cash Flow/m
362- 3 Bed
- 2 Bath
- 1157 sft
407 Pearl St, Thomasboro, IL, 61878
$ 168,000
ROI
22.0Cash Flow/m
105- 3 Bed
- 2 Bath
- 1646 sft
715 N Church St, Thomasboro, IL, 61878
$ 169,900
ROI
30.4Cash Flow/m
502- 3 Bed
- 2 Bath
- 1448 sft
702 W Park St, Thomasboro, IL, 61878
Rental Income
$ 119,900
ROI
23.5Cash Flow/m
123- 3 Bed
- 1 Bath
- 970 sft
609 W Clark St, Thomasboro, IL, 61878
Why Invest in Thomasboro, Illinois?
Investing in Thomasboro, IL presents a unique opportunity for real estate investors looking for properties under $200k. With a stable economy and affordable housing options, the area offers a promising environment for rental income and capital appreciation. The market is characterized by favorable cash flow scenarios and an increasing demand for affordable housing.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Thomasboro, IL is approximately $1,200 per month. This rate reflects the competitive market for affordable housing in the area.
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