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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Monmouth, IL

Listed for sale 1 day ago
$ 170,000
ROI
30.5
Cash Flow/m
508- 3 Bed
- 2 Bath
- 1206 sft
511 N 11th St, Monmouth, IL, 61462

Fix & Flip
Listed for sale 2 days ago
$ 149,900
ROI
22.6
Cash Flow/m
120- 3 Bed
- 2 Bath
- 2442 sft
813 E Broadway, Monmouth, IL, 61462

Listed for sale 3 days ago
$ 289,500
ROI
25.9
Cash Flow/m
492- 5 Bed
- 2 Bath
- 2240 sft
710 N I St, Monmouth, IL, 61462

Listed for sale 4 days ago
$ 240,000
ROI
25.1
Cash Flow/m
359- 3 Bed
- 2 Bath
- 1800 sft
620 N 10th St, Monmouth, IL, 61462
Why Invest in Monmouth, Illinois?
Investing under $300k in Monmouth, IL, presents an excellent opportunity for future growth. The city boasts a vibrant rental market with an average rental yield of 8% and a cap rate of 9%, making it attractive for both new and experienced investors. With job growth in the area around 1.5% and an appreciation rate of 4%, the potential for long-term gains is significant.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Monmouth, IL, typically hovers around $950 per month, making it an affordable option for renters and an attractive market for investors.
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