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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
$ 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?
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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