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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Virginia, IL
$ 164,900
ROI
28.3
Cash Flow/m
393- 3 Bed
- 1 Bath
- 1230 sft
201 W Springfield St, Virginia, IL, 62691
$ 229,000
ROI
25.9Cash Flow/m
394- 3 Bed
- 2 Bath
- 3000 sft
801 S Cottonwood St, Virginia, IL, 62691
$ 172,000
ROI
22.2Cash Flow/m
117- 4 Bed
- 2 Bath
- 3726 sft
281 S Morgan St, Virginia, IL, 62691
$ 154,900
ROI
22.1Cash Flow/m
102- 2 Bed
- 1 Bath
- 1100 sft
9258 Hickory Rd, Virginia, IL, 62691
Why Invest in Virginia, Illinois?
Virginia, IL offers a compelling investment opportunity for properties under $300k. With a growing rental market and stable appreciation, it's an ideal location for new investors. The area boasts an average rental yield of 7.5% and a cap rate of 8%. Investors can expect consistent cash flow with a renter-occupied rate of 85%.
12%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$320/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a property in Virginia, IL is approximately $850 per month. This figure reflects the demand for affordable rental housing in the area.
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