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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Franklin Grove, IL
$ 174,900
ROI
27.5
Cash Flow/m
379- 3 Bed
- 1 Bath
- 1400 sft
224 E South St, Franklin Grove, IL, 61031
Fix & Flip
Motivated Seller
$ 110,000
ROI
48.7Cash Flow/m
886- 3 Bed
- 2 Bath
- 1759 sft
215 W Hughes St, Franklin Grove, IL, 61031
$ 135,000
ROI
30.6Cash Flow/m
408- 2 Bed
- 1 Bath
- 1296 sft
219 N Sycamore St, Franklin Grove, IL, 61031
$ 187,500
ROI
23.8Cash Flow/m
213- 2 Bed
- 2 Bath
- 1240 sft
1597 Old Mill Rd, Franklin Grove, IL, 61031
Why Invest in Franklin Grove, Illinois?
Investing in Franklin Grove, IL, presents a unique opportunity with homes under $200k. The area boasts a solid rental yield and a growing population, making it an attractive destination for real estate investors. With affordable housing and a low vacancy rate, you can potentially maximize your cash flow in this quaint village.
9.5%
Avg. ROI
7.2%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Franklin Grove is approximately $185,000, making it a highly affordable market for first-time buyers and real estate investors alike.
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