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 615 S Fulton St, Lacon, IL
Listed for sale today
$ 110,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign82
  • 2 Bed
  • 1 Bath
  • 888 sft
615 S Fulton St, Lacon, IL, 61540
Property at 118 N Center St, Lacon, IL
$ 179,900
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign125
  • 3 Bed
  • 3 Bath
  • 1972 sft
118 N Center St, Lacon, IL, 61540
Property at 717 Harmony Ln, Lacon, IL
$ 149,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign161
  • 2 Bed
  • 2 Bath
  • 1702 sft
717 Harmony Ln, Lacon, IL, 61540
Property at 1114 State Route 26, Lacon, IL
$ 235,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign529
  • 3 Bed
  • 2 Bath
  • 2520 sft
1114 State Route 26, 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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