Under $200K Investment Properties for Sale in Litchfield, IL

$ 139,900
ROI
26.5
Cash Flow/m
262- 2 Bed
- 1 Bath
- 1041 sft
705 E Columbia St, Litchfield, IL, 62056

Fix & Flip
$ 159,900
ROI
25.6
Cash Flow/m
261- 3 Bed
- 2 Bath
- 1649 sft
517 E Columbia St, Litchfield, IL, 62056

Fix & Flip
Motivated Seller
$ 175,000
ROI
23.7
Cash Flow/m
192- - Bed
- - Bath
- 1040 sft
11 Birchwood Rd, Litchfield, IL, 62056

$ 149,900
ROI
27.9
Cash Flow/m
339- 2 Bed
- 1 Bath
- 1110 sft
1120 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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