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

$ 190,000
ROI
22.5
Cash Flow/m
143- 4 Bed
- 2 Bath
- 2131 sft
300 S Jackson St, Flanagan, IL, 61740

$ 169,900
ROI
22.8
Cash Flow/m
143- 4 Bed
- 1 Bath
- 1536 sft
311 S Main St, Flanagan, IL, 61740

$ 139,000
ROI
23.7
Cash Flow/m
151- 4 Bed
- 1 Bath
- 2139 sft
401 S Jackson St, Flanagan, IL, 61740

$ 170,000
ROI
21.8
Cash Flow/m
95- 3 Bed
- 2 Bath
- 1216 sft
202 S Harrison St, Flanagan, IL, 61740
Why Invest in Flanagan, Illinois?
Investing under $500k in Flanagan, IL, opens up unique opportunities in a growing area. With an average rental yield of 7.2% and a cap rate of 8.5%, this is a perfect entry point for investors. The community is experiencing steady job growth, along with a favorable appreciation rate for property values.
10%
Avg. ROI
7.2%
Rental Yield
8.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Flanagan, properties under $500k typically include single-family homes and small multi-family units. This price range offers good value for both investors and first-time homebuyers.
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