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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lovington, IL
$ 220,000
ROI
28.2
Cash Flow/m
516- 3 Bed
- 2 Bath
- 1500 sft
3 E Okaw Ests, Lovington, IL, 61937
$ 170,000
ROI
28.8Cash Flow/m
429- 3 Bed
- 2 Bath
- 1616 sft
405 S Panther Dr, Lovington, IL, 61937
$ 148,500
ROI
32.4Cash Flow/m
523- 3 Bed
- 2 Bath
- 1468 sft
521 W State St, Lovington, IL, 61937
$ 182,000
ROI
33.1Cash Flow/m
676- 3 Bed
- 3 Bath
- 1056 sft
827 Old Springfield Rd, Lovington, IL, 61937
Why Invest in Lovington, Illinois?
Investing in Lovington, IL presents an affordable opportunity as properties under $300k offer potential for solid returns. With a favorable market showing stable rental yields, investors can benefit from a cash flow positive environment while enjoying appreciable property values. This small town is perfect for those seeking low entry costs in a stable community.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Lovington under $300k is approximately $950, making it affordable for both tenants and investors.
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