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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Harmon, IL
$ 185,000
ROI
28.7
Cash Flow/m
459- 3 Bed
- 2 Bath
- 1456 sft
207 S 3rd St, Harmon, IL, 61042
$ 189,900
ROI
22.9Cash Flow/m
165- 3 Bed
- 1 Bath
- 1203 sft
733 Eakle Rd, Harmon, IL, 61042
or
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29.3Cash Flow/m
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14.9Gross Rent Yield
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Why Invest in Harmon, Illinois?
Investing in Harmon, IL offers a unique opportunity for real estate at competitive price points under $500,000. The area showcases strong rental demand with an average cash flow that's appealing to investors seeking stable returns. With a low cap rate and an impressive appreciation trend, this locale promises both security and growth.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Harmon, IL is approximately $1,200 per month, making it an accessible market for both renters and investors.
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