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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 today
$ 110,000
ROI
22.4
Cash Flow/m
82- 2 Bed
- 1 Bath
- 888 sft
615 S Fulton St, Lacon, IL, 61540

$ 179,900
ROI
22.3
Cash Flow/m
125- 3 Bed
- 3 Bath
- 1972 sft
118 N Center St, Lacon, IL, 61540

$ 149,000
ROI
23.6
Cash Flow/m
161- 2 Bed
- 2 Bath
- 1702 sft
717 Harmony Ln, Lacon, IL, 61540
$ 200,000
ROI
20.2
Cash Flow/m
23- 3 Bed
- 1 Bath
- 1056 sft
424 State Route 26, 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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