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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Forrest, IL

$ 134,900
ROI
22.1
Cash Flow/m
86- 3 Bed
- 1 Bath
- 1227 sft
121 E James St, Forrest, IL, 61741

$ 205,000
ROI
33.4
Cash Flow/m
776- 4 Bed
- 3 Bath
- 2709 sft
416 S Center St, Forrest, IL, 61741

$ 174,900
ROI
22.4
Cash Flow/m
129- 3 Bed
- 2 Bath
- 2204 sft
502 S Williams St, Forrest, IL, 61741

$ 109,900
ROI
20.7
Cash Flow/m
28- 3 Bed
- 1 Bath
- 1008 sft
27971 E 500 North Rd, Forrest, IL, 61741
Why Invest in Forrest, Illinois?
Investing in Forrest, IL, offers opportunities with properties under $500k, attracting new investors looking for affordable options. The local market benefits from steady rental yields and a favorable cap rate, making it ideal for both new and seasoned investors seeking consistent cash flow. With a growing population and increasing demand for housing, now is a great time to explore investment opportunities in this developing area.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Forrest offers a range of properties, including single-family homes and small multi-family units within the under $500k range, making it accessible for first-time investors.
Find Your Perfect Investment Property in Forrest, Illinois
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