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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Tuscola, IL
Listed for sale 7 days ago
$ 219,900
ROI
20.3
Cash Flow/m
35- 3 Bed
- 1 Bath
- 1316 sft
615 E Newkirk St, Tuscola, IL, 61953
$ 261,000
ROI
25.2Cash Flow/m
398- 3 Bed
- 3 Bath
- 1860 sft
405 E Houghton St, Tuscola, IL, 61953
$ 160,000
ROI
26.1Cash Flow/m
285- 4 Bed
- 2 Bath
- 1085 sft
921 E Short St, Tuscola, IL, 61953
$ 169,900
ROI
27.8Cash Flow/m
382- 3 Bed
- 1 Bath
- 972 sft
(Undisclosed Address), Tuscola, IL, 61953
Why Invest in Tuscola, Illinois?
Investing in Tuscola, IL, offers unique opportunities under $500K. With the local real estate market showing a steady appreciation of 3% annually, investors can enjoy a promising rental yield around 7.5%. The area's vibrant community and major employers like Tuscola Community Hospital ensure stable demand for rental properties.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Tuscola, IL is approximately 7.5%, which makes it an attractive market for real estate investors.
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