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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
$ 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 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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