Under $500K Investment Properties for Sale in Franklin Grove, IL
Listed for sale today
$ 180,000
ROI
23.2
Cash Flow/m
173- 4 Bed
- 2 Bath
- 1744 sft
223 Franklin St, Franklin Grove, IL, 61031
$ 160,000
ROI
23.6Cash 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
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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