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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lebanon, IL
Listed for sale 5 days ago
$ 139,900
ROI
22.8
Cash Flow/m
118- 3 Bed
- 1 Bath
- 1218 sft
317 Roosevelt St, Lebanon, IL, 62254
$ 154,900
ROI
23.4Cash Flow/m
159- 3 Bed
- 1 Bath
- 123 sft
122 Lynn St, Lebanon, IL, 62254
$ 169,900
ROI
22.5Cash Flow/m
130- 3 Bed
- 1 Bath
- 1073 sft
115 N Herman St, Lebanon, IL, 62254
$ 149,900
ROI
23.0Cash Flow/m
135- 3 Bed
- 1 Bath
- 1113 sft
220 W Center St, Lebanon, IL, 62254
Why Invest in Lebanon, Illinois?
Investing in Lebanon, IL, especially in properties under $200k, presents great opportunities for budding investors. The area's growing rental market and favorable cap rates make it an attractive choice. With a rental yield of approximately 8% and a strong appreciation trend, Lebanon is poised for solid long-term investment gains.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$650/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Lebanon, IL, is approximately $850 per month. This position is favorable for investors looking to attract tenants.
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