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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
$ 329,900
ROI
26.5
Cash Flow/m
621- 3 Bed
- 2 Bath
- 1824 sft
8300 Auburn Ln, Frankfort, IL, 60423
Listed for sale 1 day ago
$ 385,000
ROI
27.8Cash Flow/m
859- 4 Bed
- 2 Bath
- 1322 sft
20148 S Greenfield Ln, Frankfort, IL, 60423
Listed for sale 1 day ago
$ 499,000
ROI
22.3Cash Flow/m
357- 3 Bed
- 3 Bath
- 2202 sft
21122 S Hillside Rd, Frankfort, IL, 60423
Listed for sale 6 days ago
$ 335,000
ROI
26.0Cash Flow/m
585- 3 Bed
- 2 Bath
- 1183 sft
8338 W Chestnut Ct, 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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