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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Monticello, IL
Listed for sale 1 day ago
$ 335,000
ROI
20.0
Cash Flow/m
21- 3 Bed
- 3 Bath
- 2158 sft
809 Harrison Ct, Monticello, IL, 61856
Listed for sale 1 day ago
$ 149,900
ROI
30.1Cash Flow/m
430- 1 Bed
- 1 Bath
- 845 sft
708 E Center St, Monticello, IL, 61856
Listed for sale 1 day ago
$ 155,000
ROI
29.6Cash Flow/m
425- 2 Bed
- 1 Bath
- 873 sft
442 S Hamilton St, Monticello, IL, 61856
Listed for sale 1 day ago
$ 179,900
ROI
23.5Cash Flow/m
188- 3 Bed
- 1 Bath
- 903 sft
702 E Lincoln St, Monticello, IL, 61856
Why Invest in Monticello, Illinois?
Investing in Monticello, IL, offers opportunities for properties under $500k. With a steady appreciation rate and a relatively low entry point, this area attracts both new and seasoned investors. The rental market here shows promise with a strong rental yield and low vacancy rates, making it a savvy choice for building wealth.
7%
Avg. ROI
8%
Rental Yield
5%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a property in Monticello, IL is around $1,200, making it an affordable option for many renters.
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