Save Search
Filters Applied
EditEdit Filters
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
$ 252,000
ROI
27.8
Cash Flow/m
563- 4 Bed
- 2 Bath
- 2730 sft
220 S 3rd St, Monmouth, IL, 61462
$ 139,900
ROI
23.7Cash Flow/m
154- 3 Bed
- 1 Bath
- 936 sft
1005 W Harlem Ave, Monmouth, IL, 61462
$ 125,000
ROI
23.3Cash Flow/m
122- 3 Bed
- 2 Bath
- 1688 sft
823 N A St, Monmouth, IL, 61462
$ 225,000
ROI
22.2Cash Flow/m
155- 6 Bed
- 3 Bath
- 3696 sft
820 W Boston Ave, 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.
Find Your Perfect Investment Property in Monmouth, Illinois
Explore investment opportunities by strategy, performance, or property type
