Under $300K Investment Properties for Sale in West Peoria, IL
Listed for sale 5 days ago
$ 174,900
ROI
23.3
Cash Flow/m
173- 5 Bed
- 2 Bath
- 2216 sft
2021 W Callender Ave, West Peoria, IL, 61604
$ 100,000
ROI
22.9Cash Flow/m
88- 3 Bed
- 2 Bath
- 1180 sft
735 N Idaho St, West Peoria, IL, 61604
$ 175,000
ROI
23.2Cash Flow/m
167- 3 Bed
- 2 Bath
- 1785 sft
809 N Sterling Ave, West Peoria, IL, 61604
Fix & Flip
$ 174,900
ROI
23.1Cash Flow/m
163- 3 Bed
- 2 Bath
- 1764 sft
2421 W Moss Ave, West Peoria, IL, 61604
Why Invest in West Peoria, Illinois?
Investing in properties under $300K in West Peoria, IL offers a unique opportunity due to its growing rental market. The area has seen a steady appreciation rate of 3% and a rental yield of around 8%, making it an attractive option for investors looking for value. With low vacancy rates and an affordable average rent, it's poised for excellent cash flow opportunities.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
West Peoria offers a variety of affordable properties, including single-family homes and small multifamily units. Investors can find well-maintained properties that promise good rental yields.
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