Under $500K Investment Properties for Sale in Farmington, IL

Property at 75 W Vernon St, Farmington, IL
$ 129,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign80
  • 5 Bed
  • 2 Bath
  • 1016 sft
75 W Vernon St, Farmington, IL, 61531
Property at 72 N Cedar St, Farmington, IL
$ 129,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign100
  • 4 Bed
  • 2 Bath
  • 1584 sft
72 N Cedar St, Farmington, IL, 61531
Property at 22401 E State Highway 116, Farmington, IL
$ 234,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign216
  • 4 Bed
  • 2 Bath
  • 3196 sft
22401 E State Highway 116, Farmington, IL, 61531
Property at 436 Idlewhile Dr, Farmington, IL
$ 235,000
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign453
  • 3 Bed
  • 2 Bath
  • 1981 sft
436 Idlewhile Dr, Farmington, IL, 61531

Why Invest in Farmington, Illinois?

Investing in Farmington, IL, with properties under $500k offers numerous opportunities for both new and seasoned investors. The area is known for its steady rental demand and healthy cash flow potential. With an increasing number of renters, you can tap into a growing market while benefiting from an average cap rate around 7%.

12%
Avg. ROI
9%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Rental prices in Farmington typically range from $1,000 to $1,500, depending on the property size and location. The average rent for properties in the area is around $1,200.

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