Investment Properties Under $500K in Lacon, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K 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 207 S Fulton St, Lacon, IL
$ 248,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign149
  • 3 Bed
  • 4 Bath
  • 2414 sft
207 S 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

Why Invest in Lacon, Illinois?

Investing in properties under $500K in Lacon, Illinois, offers a unique opportunity for investors seeking affordable options. With a low cost of living and proximity to natural recreational areas, Lacon is attractive for long-term rentals. The area boasts an upward trend in property values and solid rental demand from local residents, making it a practical choice for investment.

8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$1200/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Lacon offers affordable housing options and a stable rental market, making it an attractive location for real estate investments. With the potential for appreciation and a growing community, investors can expect solid returns.

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