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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Fairmount, IL
$ 200,000
ROI
23.5
Cash Flow/m
206- 3 Bed
- 2 Bath
- 1956 sft
107 E State St, Fairmount, IL, 61841
$ 292,500
ROI
20.0Cash Flow/m
23- 4 Bed
- 3 Bath
- 2398 sft
14573 N 875 East Rd, Fairmount, IL, 61841
$ 110,000
ROI
27.3Cash Flow/m
231- 4 Bed
- 1 Bath
- 1250 sft
407 E Court St, Fairmount, IL, 61841
$ 144,900
ROI
20.1Cash Flow/m
15- 3 Bed
- 2 Bath
- 1890 sft
14248 N 1020 East Rd, Fairmount, IL, 61841
Why Invest in Fairmount, Illinois?
Investing in Fairmount, Illinois, presents an affordable opportunity for those interested in the market for multifamily properties. With an average rental yield of approximately 7.5% and a cap rate around 8.0%, investors can find solid returns. The area has shown consistent appreciation rates and a renter-occupied rate of about 60%.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Fairmount, IL, is approximately $1,200 per month, making it an affordable option for many renters in the area.
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