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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Washington, IL

$ 290,000
ROI
29.6
Cash Flow/m
797- 2 Bed
- 3 Bath
- 2387 sft
13 Elk Ct, Washington, IL, 61571

$ 239,900
ROI
20.1
Cash Flow/m
21- 3 Bed
- 3 Bath
- 2352 sft
409 Georgia Pkwy, Washington, IL, 61571

$ 175,000
ROI
22.2
Cash Flow/m
119- 4 Bed
- 1 Bath
- 1440 sft
604 Whippoorwill Dr, Washington, IL, 61571

Currently Rented
$ 179,900
ROI
30.8
Cash Flow/m
552- 3 Bed
- 2 Bath
- 1250 sft
209/211 Madison St, Washington, IL, 61571
Why Invest in Washington, Illinois?
Investing in properties priced under $300k in Washington, IL, offers a unique opportunity for budget-conscious investors. The area provides a stable rental market with an average cash flow that appeals to many. With a rental yield that is competitive, Washington demonstrates promise for investment due to its steady appreciation.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Washington, IL, currently stands at approximately $1,200 per month. This figure reflects the growing demand for rental housing in the area.
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