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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 3 days ago
$ 349,700
ROI
28.1
Cash Flow/m
814- 3 Bed
- 2 Bath
- 1698 sft
7624 W Juniper Ct, Frankfort, IL, 60423
Listed for sale 4 days ago
$ 424,900
ROI
21.5Cash Flow/m
203- 3 Bed
- 2 Bath
- 1648 sft
19715 S Skye Dr, Frankfort, IL, 60423
Listed for sale 4 days ago
$ 425,000
ROI
26.3Cash Flow/m
769- 4 Bed
- 3 Bath
- 1575 sft
8650 Saddlebred Ct #8650, Frankfort, IL, 60423
Listed for sale 5 days ago
$ 437,000
ROI
26.4Cash Flow/m
811- 3 Bed
- 3 Bath
- 2000 sft
20165 Crystal Lake Way, 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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