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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Farmington, IL
Listed for sale 6 days ago
$ 134,900
ROI
22.4
Cash Flow/m
99- 3 Bed
- 2 Bath
- 874 sft
159 S Cedar St, Farmington, IL, 61531
$ 187,900
ROI
21.8Cash Flow/m
108- 4 Bed
- 3 Bath
- 2234 sft
121 E Court St, Farmington, IL, 61531
$ 149,900
ROI
23.7Cash Flow/m
163- 3 Bed
- 2 Bath
- 1230 sft
378 E Prairie St, Farmington, IL, 61531
$ 119,900
ROI
34.4Cash Flow/m
490- 3 Bed
- 1 Bath
- 812 sft
331 N West St, Farmington, IL, 61531
Why Invest in Farmington, Illinois?
Investing in Farmington, IL, where properties are available for under $200k, can be a great opportunity for investors looking for affordable options. The market offers an average rental yield of 7.5%, making it appealing for those interested in cash flow rental properties. Additionally, the region has seen steady appreciation rates of 3% over the past five years, providing potential value growth on your investment.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Farmington is approximately $950 per month, making it an accessible market for both renters and investors.
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