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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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
28.3Cash Flow/m
427- 3 Bed
- 2 Bath
- 1519 sft
510 N High St, Lacon, IL, 61540
Fix & Flip
Motivated Seller
$ 145,000
ROI
22.4Cash Flow/m
108- 4 Bed
- 2 Bath
- 2780 sft
204 S Fulton St, Lacon, IL, 61540
$ 146,900
ROI
23.7Cash Flow/m
160- 3 Bed
- 1 Bath
- 1265 sft
903 N Center St, Lacon, IL, 61540
Why Invest in Lacon, Illinois?
Investing in Lacon, Illinois, presents an excellent opportunity for budget-conscious investors looking for properties under $200k. With a growing demand for affordable housing, the average rental yield is around 6%, aligning well with the investor's desire for high cash flow. Lacon's economic stability supports attractive investment metrics.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Lacon is approximately $1,200, making it an affordable option for prospective tenants.
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