Investment Properties Under $200K in Lacon, IL | Ziffy.ai
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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

Property at 109 2nd St, Lacon, IL
$ 144,900
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign145
  • 2 Bed
  • 2 Bath
  • 1061 sft
109 2nd St, Lacon, IL, 61540
Property at 114 N Fulton St, Lacon, IL
$ 174,990
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign291
  • 5 Bed
  • 2 Bath
  • 3173 sft
114 N Fulton St, Lacon, IL, 61540
Property at 1010 5th St, Lacon, IL
$ 174,500
ROI
47.7ROI percentage
Cash Flow/m
Dollar sign1358
  • 4 Bed
  • 3 Bath
  • 2360 sft
1010 5th St, Lacon, IL, 61540
Property at 1226 2nd St, Lacon, IL
$ 179,000
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign366
  • 3 Bed
  • 2 Bath
  • 1802 sft
1226 2nd 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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