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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Litchfield, IL
Listed for sale 4 days ago
$ 149,900
ROI
27.9
Cash Flow/m
339- 2 Bed
- 1 Bath
- 1110 sft
1120 N Jefferson St, Litchfield, IL, 62056
$ 169,900
ROI
22.5Cash Flow/m
132- 3 Bed
- 2 Bath
- 1599 sft
713 S Jackson St, Litchfield, IL, 62056
$ 235,000
ROI
23.7Cash Flow/m
258- 2 Bed
- 1 Bath
- 1170 sft
1160 Old Quarry Trl, Litchfield, IL, 62056
$ 350,000
ROI
22.5Cash Flow/m
266- 3 Bed
- 2 Bath
- 2140 sft
12394 Roberson Rd, Litchfield, IL, 62056
Why Invest in Litchfield, Illinois?
Investing in single-family homes in Litchfield, IL presents a unique opportunity. With the average rent sitting at $1,200 and rising, investors can expect a rental yield of around 6%. The city's stable job market contributes to a cap rate of approximately 8%, making it an attractive option for rental properties.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Litchfield, IL is approximately $1,200 per month, which has seen a moderate increase over the past few years.
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