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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Viola, IL
$ 165,000
ROI
26.6
Cash Flow/m
312- 5 Bed
- 2 Bath
- 2397 sft
1408 13th St, Viola, IL, 61486
$ 129,900
ROI
22.7Cash Flow/m
106- 4 Bed
- 2 Bath
- 1908 sft
1202 20th Ave, Viola, IL, 61486
$ 170,000
ROI
24.9Cash Flow/m
242- 3 Bed
- 2 Bath
- 1785 sft
1706 12th St, Viola, IL, 61486
$ 189,900
ROI
25.5Cash Flow/m
325- 3 Bed
- 3 Bath
- 2444 sft
903 17th St, Viola, IL, 61486
Why Invest in Viola, Illinois?
Investing in Viola, IL offers an appealing opportunity for those looking for properties under $300k. With an average rental yield of 6% and a cap rate of 8%, the area shows promise for both cash flow and long-term appreciation. The local economy supports a healthy rental market, with an increasing demand for affordable housing options.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Viola is approximately $900 per month, making it a cost-effective choice for renters.
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