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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

Listed for sale 1 day ago
$ 135,000
ROI
22.8
Cash Flow/m
116- 3 Bed
- 1 Bath
- 1352 sft
521 7th St, Lacon, IL, 61540

Listed for sale 6 days ago
$ 179,900
ROI
28.3
Cash Flow/m
427- 3 Bed
- 2 Bath
- 1519 sft
510 N High St, Lacon, IL, 61540

Fix & Flip
Motivated Seller
$ 145,000
ROI
22.4
Cash Flow/m
108- 4 Bed
- 2 Bath
- 2780 sft
204 S Fulton St, Lacon, IL, 61540

$ 146,900
ROI
23.7
Cash Flow/m
160- 3 Bed
- 1 Bath
- 1265 sft
903 N Center St, 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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