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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
$ 185,000
ROI
25.1
Cash Flow/m
273- 3 Bed
- 3 Bath
- 400 sft
2824 W Rohmann Ave, West Peoria, IL, 61604
$ 185,000
ROI
22.1Cash Flow/m
120- 3 Bed
- 2 Bath
- 1488 sft
2611 W Belle Vista Ct, West peoria, IL, 61604
$ 174,500
ROI
35.6Cash Flow/m
768- 3 Bed
- 3 Bath
- 2662 sft
1917 W Callender Ave, West Peoria, IL, 61604
$ 155,000
ROI
22.2Cash Flow/m
106- 3 Bed
- 1 Bath
- 1388 sft
2418 W Ayres 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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