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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 4 days ago
$ 374,900
ROI
24.7
Cash Flow/m
516- 5 Bed
- 3 Bath
- 2123 sft
205 Surrey Ct, Monticello, IL, 61856
$ 295,000
ROI
26.7Cash Flow/m
570- 4 Bed
- 2 Bath
- 2838 sft
718 N Charter St, Monticello, IL, 61856
$ 469,900
ROI
24.5Cash Flow/m
615- 4 Bed
- 3 Bath
- 3438 sft
1171 Gloria Ct, Monticello, IL, 61856
$ 315,000
ROI
21.6Cash Flow/m
164- 3 Bed
- 2 Bath
- 2936 sft
510 W William 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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