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

Single Family Investment Properties for Sale in Lacon, IL

Property at 615 S Fulton St, Lacon, IL
Listed for sale 1 day ago
$ 110,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign82
  • 2 Bed
  • 1 Bath
  • 888 sft
615 S Fulton St, Lacon, IL, 61540
Property at 118 N Center St, Lacon, IL
$ 179,900
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign125
  • 3 Bed
  • 3 Bath
  • 1972 sft
118 N Center St, Lacon, IL, 61540
Property at 717 Harmony Ln, Lacon, IL
$ 149,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign161
  • 2 Bed
  • 2 Bath
  • 1702 sft
717 Harmony Ln, Lacon, IL, 61540
Property at 1114 State Route 26, Lacon, IL
$ 235,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign529
  • 3 Bed
  • 2 Bath
  • 2520 sft
1114 State Route 26, Lacon, IL, 61540

Why Invest in Lacon, Illinois?

Investing in Lacon, IL, offers attractive opportunities for single-family homes, especially with competitive pricing that fosters strong rental yields. The local housing market boasts a cap rate of around 8%, ensuring favorable cash flow for investors seeking robust returns. Additionally, Lacon's strategic location provides access to regional amenities, making it an excellent choice for long-term investment.

12%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental price for a single-family home in Lacon, IL is approximately $1,300 per month, making it an affordable option for families and long-term renters.

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