Under $300K Investment Properties for Sale in Woodhull, IL
Listed for sale today
$ 214,900
ROI
26.8
Cash Flow/m
422- 3 Bed
- 2 Bath
- 1452 sft
551 Lake Dr, Woodhull, IL, 61490
Currently Rented
Rental Income
$ 155,000
ROI
31.3Cash Flow/m
498- 4 Bed
- 4 Bath
- - sft
235 SE 3rd St, Woodhull, IL, 61490
Fix & Flip
$ 111,000
ROI
21.8Cash Flow/m
63- 2 Bed
- 1 Bath
- 1176 sft
552 E 2nd Ave, Woodhull, IL, 61490
$ 149,000
ROI
24.0Cash Flow/m
175- 3 Bed
- 1 Bath
- 1325 sft
248 SE 3rd St, Woodhull, IL, 61490
Why Invest in Woodhull, Illinois?
Investing in properties under $300k in Illinois can offer solid returns for savvy investors. With the state's growing economy and an average rental yield of around 7%, opportunities are ripe for finding budget-friendly rentals. The current cap rate of approximately 6% ensures that your investment not only appreciates but also generates consistent cash flow.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Illinois provide affordable entry points into the market, with higher rental yields and strong cap rates compared to other states. Additionally, they tend to have lower competition and can be more easily financed.
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