Under $300K Investment Properties for Sale in Tremont, IL
$ 299,000
ROI
25.8
Cash Flow/m
502- 4 Bed
- 2 Bath
- 2352 sft
317 Myrtle St, Tremont, IL, 61568
$ 229,900
ROI
30.4Cash Flow/m
678- 3 Bed
- 2 Bath
- 1632 sft
317 Stuber Ct, Tremont, IL, 61568
$ 150,000
ROI
23.5Cash Flow/m
156- 2 Bed
- 2 Bath
- 1224 sft
420 E Walnut St, Tremont, IL, 61568
$ 240,000
ROI
22.7Cash Flow/m
194- 3 Bed
- 2 Bath
- 1800 sft
204 W Madison St, Tremont, IL, 61568
Why Invest in Tremont, Illinois?
Investing in Tremont, IL offers a unique opportunity to acquire properties under $300k, which is particularly appealing in today's market. With a steady demand for rental properties and a growing job market, investors can expect a favorable return on investment alongside reasonable cash flow. The area's appeal includes a blend of community charm and access to urban amenities, making it a competitive option.
8%
Avg. ROI
10%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Tremont is around $1,200, making it an attractive option for renters. This rate indicates a strong rental market relative to the property prices.
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