Investment Properties Under $500K in Franklin Grove, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Franklin Grove, IL

Property at 224 E South St, Franklin Grove, IL
$ 174,900
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign379
  • 3 Bed
  • 1 Bath
  • 1400 sft
224 E South St, Franklin Grove, IL, 61031
Property at 215 W Hughes St, Franklin Grove, IL
Fix & Flip
Motivated Seller
$ 110,000
ROI
48.7ROI percentage
Cash Flow/m
Dollar sign886
  • 3 Bed
  • 2 Bath
  • 1759 sft
215 W Hughes St, Franklin Grove, IL, 61031
Property at 219 N Sycamore St, Franklin Grove, IL
$ 135,000
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign408
  • 2 Bed
  • 1 Bath
  • 1296 sft
219 N Sycamore St, Franklin Grove, IL, 61031
Property at 1597 Old Mill Rd, Franklin Grove, IL
$ 187,500
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign213
  • 2 Bed
  • 2 Bath
  • 1240 sft
1597 Old Mill Rd, Franklin Grove, IL, 61031

Why Invest in Franklin Grove, Illinois?

Investing in properties under $500K in Franklin Grove, IL, offers a unique opportunity for new and seasoned investors alike. With average rental yields around 7% and an appreciation rate of 3% annually, this charming community can become an excellent long-term investment. The low vacancy rate further enhances the appeal, indicating a strong demand for rentals in the area.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental price in Franklin Grove is approximately $1,200 per month, which offers competitive rates for both investors and renters.

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