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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Monmouth, IL
$ 149,000
ROI
23.3
Cash Flow/m
147- 4 Bed
- 1 Bath
- 1594 sft
405 S E St, Monmouth, IL, 61462
$ 178,000
ROI
20.6Cash Flow/m
42- - Bed
- 5 Bath
- - sft
302 W Broadway, Monmouth, IL, 61462
$ 199,900
ROI
26.6Cash Flow/m
382- 4 Bed
- 2 Bath
- 1512 sft
325 S 10th St, Monmouth, IL, 61462
$ 140,000
ROI
22.1Cash Flow/m
92- 3 Bed
- 2 Bath
- 1563 sft
519 E 2nd Ave, Monmouth, IL, 61462
Why Invest in Monmouth, Illinois?
Investing in Monmouth, IL, particularly in rental properties, can be a lucrative opportunity with an average rental yield of 7%. With a robust community and steady rental demand, you can expect an average cash flow of around $900 per month. The city has about 50% of its properties renter-occupied, making it an attractive market for investors looking to establish a presence in affordable housing.
11%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$900/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Monmouth, IL, is around $1,200 per month, depending on the property type and location.
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