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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 today
$ 179,900
ROI
23.8
Cash Flow/m
202- 3 Bed
- 2 Bath
- 1980 sft
804 N State St, Litchfield, IL, 62056
Listed for sale 7 days ago
$ 105,000
ROI
30.2Cash Flow/m
306- 2 Bed
- 1 Bath
- 888 sft
705 N Locust St, Litchfield, IL, 62056
$ 139,900
ROI
29.9Cash Flow/m
396- 3 Bed
- 2 Bath
- 1232 sft
1961 E Union Ave, Litchfield, IL, 62056
$ 105,000
ROI
26.3Cash Flow/m
191- 2 Bed
- 1 Bath
- 1157 sft
616 E Ryder 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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