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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Albany, IL
Listed for sale 6 days ago
$ 165,000
ROI
27.1
Cash Flow/m
336- 3 Bed
- 2 Bath
- 1183 sft
12694 Meredosia Rd, Albany, IL, 61230
$ 139,900
ROI
29.1Cash Flow/m
365- 3 Bed
- 2 Bath
- 1256 sft
801 N Lime St, Albany, IL, 61230
$ 135,000
ROI
22.0Cash Flow/m
86- 3 Bed
- 1 Bath
- 1628 sft
104 N Lime St, Albany, IL, 61230
$ 230,000
ROI
23.9Cash Flow/m
267- 4 Bed
- 2 Bath
- 1744 sft
134 Riverview Dr, 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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