Under $300K 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
Airbnb Potential
$ 214,900
ROI
27.0Cash Flow/m
432- 2 Bed
- 3 Bath
- 1700 sft
36 Bay Shore Dr, Lacon, IL, 61540
$ 149,900
ROI
23.4Cash Flow/m
153- 4 Bed
- 1 Bath
- 1712 sft
318 S Broad St, Lacon, IL, 61540
Why Invest in Lacon, Illinois?
Investing in Lacon, Illinois offers opportunities with homes under $300k, catering to both first-time buyers and seasoned investors. With a strong rental market, investors can benefit from a good average cash flow and a competitive rental yield. Additionally, the city's consistent appreciation rates make it an attractive area for long-term investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Lacon provides access to affordable properties, strong rental demand, and a growing economy. The city’s appreciation rates and good cash flow opportunities make it a favorable market for real estate investment.
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