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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lacon, IL
Fix & Flip
Listed for sale 6 days ago
$ 159,000
ROI
23.6
Cash Flow/m
172- 4 Bed
- 2 Bath
- 2056 sft
214 S Fulton St, Lacon, IL, 61540
$ 138,000
ROI
22.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 2000 sft
1558 County Road 400 Rd N, Lacon, IL, 61540
$ 110,000
ROI
22.4Cash Flow/m
82- 2 Bed
- 1 Bath
- 888 sft
615 S Fulton St, Lacon, IL, 61540
$ 179,900
ROI
22.3Cash Flow/m
125- 3 Bed
- 3 Bath
- 1972 sft
118 N Center 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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