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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Frankfort, IL
Listed for sale 1 day ago
$ 179,900
ROI
22.0
Cash Flow/m
113- 2 Bed
- 2 Bath
- - sft
10928 W Kemper Ln, Frankfort, IL, 60423
Listed for sale 5 days ago
$ 359,900
ROI
27.2Cash Flow/m
744- 3 Bed
- 1 Bath
- 1350 sft
19953 S Graceland Ln, Frankfort, IL, 60423
Listed for sale 5 days ago
$ 409,900
ROI
23.2Cash Flow/m
397- 3 Bed
- 2 Bath
- 1500 sft
725 Cedar Ln, Frankfort, IL, 60423
Listed for sale 5 days ago
$ 355,000
ROI
27.6Cash Flow/m
778- 3 Bed
- 2 Bath
- 1162 sft
558 Birchwood Rd, Frankfort, IL, 60423
Why Invest in Frankfort, Illinois?
Frankfort, IL, offers a vibrant real estate market for investors seeking homes under $500k. With a growing community and increasing property values, this suburb stands out for its strong rental yields and attractive appreciation rates. Investors can expect an average cash flow and favorable cap rates in this economically robust area.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Frankfort, IL, are around $1,800 per month. This competitive pricing makes it an ideal area for both renters and potential investors.
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