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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
22.6Cash Flow/m
120- 3 Bed
- 2 Bath
- 2442 sft
813 E Broadway, Monmouth, IL, 61462
Listed for sale 3 days ago
$ 289,500
ROI
25.9Cash 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
25.1Cash Flow/m
359- 3 Bed
- 2 Bath
- 1800 sft
620 N 10th 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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