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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Monticello, IL
$ 189,900
ROI
28.1
Cash Flow/m
441- 2 Bed
- 2 Bath
- 1469 sft
214 E William St, Monticello, IL, 61856
$ 190,000
ROI
20.3Cash Flow/m
27- 2 Bed
- 1 Bath
- 1226 sft
806 N Market St, Monticello, IL, 61856
$ 179,900
ROI
24.2Cash Flow/m
222- 3 Bed
- 1 Bath
- 1178 sft
808 W William St, Monticello, IL, 61856
$ 189,900
ROI
27.5Cash Flow/m
411- 3 Bed
- 1 Bath
- 1753 sft
457 S Independence 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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