Under $500K Investment Properties for Sale in Monmouth, IL
$ 203,335
ROI
26.0
Cash Flow/m
354- 4 Bed
- 2 Bath
- 1845 sft
703 N I St, Monmouth, IL, 61462
$ 185,000
ROI
22.0Cash Flow/m
114- 3 Bed
- 3 Bath
- 2212 sft
321 S East St, Monmouth, IL, 61462
$ 145,000
ROI
23.1Cash Flow/m
133- 3 Bed
- 1 Bath
- 1050 sft
1209 Lincoln Rd #61462, Monmouth, IL, 61462
$ 122,500
ROI
21.9Cash Flow/m
74- 3 Bed
- 1 Bath
- 948 sft
104 N I St, Monmouth, IL, 61462
Why Invest in Monmouth, Illinois?
Monmouth, IL, offers an attractive investment opportunity for those looking for properties under $500K. With a stable rental market, investors can expect a favorable return on investment coupled with an average rental yield that supports long-term growth. The city's affordable housing market appeals to renters, leading to a solid cash flow.
7%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$150/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental property price in Monmouth, IL, is around $800 per month, making it an attractive option for investors looking for properties under $500K.
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