Under $200K Investment Properties for Sale in Monticello, IL
$ 190,000
ROI
22.9
Cash Flow/m
164- 2 Bed
- 2 Bath
- 1310 sft
605 Edwards St, Monticello, IL, 61856
$ 159,900
ROI
28.1Cash Flow/m
373- 2 Bed
- 1 Bath
- 1020 sft
704 E Lincoln St, Monticello, IL, 61856
$ 119,900
ROI
22.5Cash Flow/m
92- 3 Bed
- 1 Bath
- 1200 sft
1026 N Market St, Monticello, IL, 61856
Fix & Flip
$ 139,950
ROI
23.2Cash Flow/m
132- 2 Bed
- 1 Bath
- 840 sft
411 E Lincoln St, Monticello, IL, 61856
Why Invest in Monticello, Illinois?
Monticello, IL offers attractive investment opportunities for those seeking properties under $200k. With a growing community and favorable market conditions, this area boasts a strong rental yield and competitive cap rates. Investors can expect average rental rates that are accessible, fostering a stable income stream.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Monticello is approximately $850 per month, making it accessible for many renters.
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