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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Franklin, IL
$ 215,000
ROI
25.7
Cash Flow/m
356- 3 Bed
- 2 Bath
- 1542 sft
16 Centennial, Franklin, IL, 62638
$ 170,000
ROI
30.6Cash Flow/m
512- 4 Bed
- 1 Bath
- 1543 sft
7 Centennial, Franklin, IL, 62638
$ 134,900
ROI
23.6Cash Flow/m
143- 4 Bed
- 2 Bath
- 2148 sft
842 Flinn Rd, Franklin, IL, 62638
$ 149,900
ROI
23.4Cash Flow/m
152- 3 Bed
- 2 Bath
- 1276 sft
110 Wyatt Ave, Franklin, IL, 62638
Why Invest in Franklin, Illinois?
Investing in Franklin, Illinois, offers unique opportunities, especially for properties under $500k. With a steady appreciation rate and a strong rental market, investors can expect a rewarding ROI. The average cash flow is particularly appealing for those looking to build wealth through rental properties.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Franklin, IL is approximately $1,200 per month, making it an affordable option for renters.
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