Under $200K Investment Properties for Sale in La Fayette, IL

Property at 305 Hodgson St, La Fayette, IL
$ 112,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign68
  • 3 Bed
  • 2 Bath
  • 2028 sft
305 Hodgson St, La Fayette, IL, 61449
Property at 2629 Golf Rd, La Fayette, IL
Currently Rented
Fix & Flip
$ 140,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign92
  • 3 Bed
  • 2 Bath
  • 1008 sft
2629 Golf Rd, La Fayette, IL, 61449
Property at 607 E Main St, La Fayette, IL
$ 109,900
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign89
  • 2 Bed
  • 1 Bath
  • 1056 sft
607 E Main St, La Fayette, IL, 61449
Property at 503 Lafayette St, La Fayette, IL
$ 144,900
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign250
  • 3 Bed
  • 1 Bath
  • 1220 sft
503 Lafayette St, La Fayette, IL, 61449

Why Invest in La Fayette, Illinois?

Investing in Lafayette, IL, presents a unique opportunity with properties available under $200k. With a rental yield of around 8%, this area is attracting savvy investors looking for affordable housing options. The population growth and low vacancy rates make it a promising location for long-term investment success.

12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Lafayette, IL, is approximately 8%, making it an attractive location for rental property investments.

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