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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Fairmount, IL
$ 292,500
ROI
20.0
Cash 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
$ 109,900
ROI
28.2Cash Flow/m
258- 3 Bed
- 1 Bath
- - sft
208 E State St, Fairmount, IL, 61841
Why Invest in Fairmount, Illinois?
Investing in Fairmount, Illinois, particularly in single-family homes, offers a unique opportunity for stable returns. The rural setting provides a quiet lifestyle, attracting families and retirees alike, which positively impacts rental yields. With an average cash flow around $1,500 and appreciation rates of about 3%, this market is attractive for long-term investment.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Fairmount is approximately $1,200. This is competitive compared to surrounding areas, making it an attractive option for tenants.
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