Under $200K Investment Properties for Sale in Lacon, IL
$ 173,000
ROI
23.0
Cash Flow/m
157- 2 Bed
- 2 Bath
- 2104 sft
724 Harmony Ln, Lacon, IL, 61540
$ 119,900
ROI
22.4Cash Flow/m
89- 3 Bed
- 2 Bath
- 2080 sft
1213 3rd St, Lacon, IL, 61540
$ 149,900
ROI
23.4Cash Flow/m
153- 4 Bed
- 1 Bath
- 1712 sft
318 S Broad St, Lacon, IL, 61540
$ 120,000
ROI
22.6Cash Flow/m
96- 3 Bed
- 1 Bath
- 2081 sft
917 Lawndale Ave, 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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