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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Albany, IL
$ 230,000
ROI
23.9
Cash Flow/m
267- 4 Bed
- 2 Bath
- 1744 sft
134 Riverview Dr, Albany, IL, 61230
$ 175,000
ROI
25.6Cash Flow/m
284- 3 Bed
- 2 Bath
- 1183 sft
12694 Meredosia Rd, Albany, IL, 61230
Fix & Flip
$ 180,000
ROI
26.4Cash Flow/m
333- 3 Bed
- 1 Bath
- 1743 sft
808 S Church St, Albany, IL, 61230
$ 169,900
ROI
25.8Cash Flow/m
284- 3 Bed
- 2 Bath
- 1997 sft
507 S Church St, Albany, IL, 61230
Why Invest in Albany, Illinois?
Investing in Albany, IL provides an opportunity to capitalize on affordable housing options, with rental yields consistently above the national average. The area's steady job market and community growth support a favorable investment climate, making it appealing for both new and seasoned investors. With a cap rate of 8% and rising property values, Albany's real estate market is ripe for investment.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Albany, IL is approximately $1,200 per month, making it an affordable option for many renters in the area.
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