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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Franklin Grove, IL
$ 160,000
ROI
23.6
Cash Flow/m
171- 3 Bed
- 2 Bath
- 3456 sft
227 W South St, Franklin Grove, IL, 61031
$ 169,900
ROI
23.4Cash Flow/m
174- 3 Bed
- 1 Bath
- 1568 sft
208 S Sycamore St, Franklin Grove, IL, 61031
$ 214,900
ROI
25.7Cash Flow/m
354- 3 Bed
- 2 Bath
- 1690 sft
212 S Elm St, Franklin Grove, IL, 61031
$ 174,900
ROI
27.5Cash Flow/m
379- 3 Bed
- 1 Bath
- 1400 sft
224 E South St, Franklin Grove, IL, 61031
Why Invest in Franklin Grove, Illinois?
Investing in Franklin Grove, IL under $300k opens doors to affordable opportunities with potential for significant appreciation. This region has an average rental yield of approximately 7%, making it an attractive location for rental investments. With a strong job market and steady population growth, this area has great potential for long-term returns.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Average property values in Franklin Grove hover around $250,000, making it an attractive option for first-time investors and those looking for properties under $300k.
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