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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
27.3
Cash Flow/m
231- 4 Bed
- 1 Bath
- 1250 sft
407 E Court St, Fairmount, IL, 61841

$ 144,900
ROI
20.1
Cash Flow/m
15- 3 Bed
- 2 Bath
- 1890 sft
14248 N 1020 East Rd, Fairmount, IL, 61841

$ 109,900
ROI
28.2
Cash Flow/m
258- 3 Bed
- 1 Bath
- - sft
208 E State St, Fairmount, IL, 61841
Why Invest in Fairmount, Illinois?
Investing in Fairmount, Illinois, offers opportunities to purchase properties under $300k with attractive financial metrics. The average rental yield stands at 8%, attracting both new and seasoned investors seeking cash flow. With a cap rate of 7%, this region showcases solid potential for returns on investment.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties including single-family homes and duplexes. These options are ideal for both first-time home buyers and investors looking for rental opportunities.
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