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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
$ 435,000
ROI
20.3
Cash Flow/m
69- 4 Bed
- 3 Bath
- 2200 sft
300 Gainesborough Ct, Monticello, IL, 61856
$ 189,900
ROI
28.1Cash Flow/m
441- 2 Bed
- 2 Bath
- 1469 sft
214 E William St, Monticello, IL, 61856
$ 260,000
ROI
26.6Cash Flow/m
497- 3 Bed
- 2 Bath
- 1521 sft
2003 Macintosh Ln, Monticello, IL, 61856
$ 499,000
ROI
24.4Cash Flow/m
644- 3 Bed
- 3 Bath
- 2220 sft
17 Long Grove Dr, 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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