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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Litchfield, IL
Listed for sale 1 day ago
$ 179,900
ROI
21.9
Cash Flow/m
106- 3 Bed
- 2 Bath
- 1501 sft
620 N Walnut St, Litchfield, IL, 62056
$ 195,000
ROI
24.8Cash Flow/m
275- 3 Bed
- 2 Bath
- 1120 sft
31 Northcrest Dr, Litchfield, IL, 62056
$ 154,800
ROI
24.1Cash Flow/m
189- 2 Bed
- 1 Bath
- 1200 sft
818 S State St, Litchfield, IL, 62056
$ 182,000
ROI
25.9Cash Flow/m
311- 3 Bed
- 2 Bath
- 1300 sft
1509 N Jefferson St, Litchfield, IL, 62056
Why Invest in Litchfield, Illinois?
Investing in Litchfield, IL offers opportunities for properties under $200k, making it an attractive option for first-time investors. With a moderate average return on investment and a growing rental market, the city shows promising trends for future appreciation and cash flow. As a smaller town, it provides a unique charm and community feel for potential tenants, which can contribute positively to rental yields.
9%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Litchfield, IL is approximately $900 per month, making it affordable for many families and individuals looking to rent.
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