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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Litchfield, IL
Airbnb Potential
Listed for sale today
$ 265,000
ROI
20.3
Cash Flow/m
41- 2 Bed
- 2 Bath
- 1020 sft
2216 N 15th Ave, Litchfield, IL, 62056
$ 264,900
ROI
23.5Cash Flow/m
279- 2 Bed
- 2 Bath
- - sft
16306 E 1st Rd, Litchfield, IL, 62056
$ 115,000
ROI
22.5Cash Flow/m
88- 2 Bed
- 2 Bath
- 1100 sft
1620 N Monroe St, Litchfield, IL, 62056
$ 179,900
ROI
29.2Cash Flow/m
472- 3 Bed
- 2 Bath
- 1501 sft
620 N Walnut St, Litchfield, IL, 62056
Why Invest in Litchfield, Illinois?
Investing in Litchfield, IL presents a unique opportunity with homes priced under $300,000. The area's affordability combined with a growing rental demand creates a solid investment environment. Investors can expect a reasonable cash flow alongside a stable average ROI, making it an appealing market for long-term growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Litchfield is currently around $220,000, making it an affordable option for new homeowners and investors alike.
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