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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in West Peoria, IL
Listed for sale today
$ 220,000
ROI
29.4
Cash Flow/m
587- 3 Bed
- 4 Bath
- 2616 sft
2919 W Rohmann Ave, West Peoria, IL, 61604
Listed for sale today
$ 110,000
ROI
22.3Cash Flow/m
79- 2 Bed
- 1 Bath
- 1159 sft
2306 W Laura Ave, West Peoria, IL, 61604
Listed for sale 3 days ago
$ 169,900
ROI
22.7Cash Flow/m
139- 3 Bed
- 3 Bath
- 2262 sft
2401 W Sherman Ave, West Peoria, IL, 61604
Fix & Flip
$ 103,900
ROI
23.6Cash Flow/m
112- 2 Bed
- 1 Bath
- 1063 sft
2511 W Downs Cir, 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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