Multi-Family Investment Properties in Alton, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Alton, IL

Property at 983 Riley Ave, Alton, IL
$ 125,000
ROI
30.3ROI percentage
Cash Flow/m
Dollar sign368
  • 5 Bed
  • 2 Bath
  • 1872 sft
983 Riley Ave, Alton, IL, 62002
Property at 307 Spring St, Alton, IL
$ 125,000
ROI
30.9ROI percentage
Cash Flow/m
Dollar sign387
  • 6 Bed
  • 4 Bath
  • - sft
307 Spring St, Alton, IL, 62002
Property at 437 E 9th St, Alton, IL
Currently Rented
Rental Income
$ 149,000
ROI
32.5ROI percentage
Cash Flow/m
Dollar sign527
  • 3 Bed
  • 3 Bath
  • 1310 sft
437 E 9th St, Alton, IL, 62002
Property at 314 W 4th St, Alton, IL
$ 110,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign72
  • 1 Bed
  • 1 Bath
  • - sft
314 W 4th St, Alton, IL, 62002

Why Invest in Alton, Illinois?

Investing in multifamily properties in Alton, IL offers a unique opportunity for consistent cash flow and appreciation. The area boasts a competitive rental market with an average rent of $1,200, making it an attractive destination for investors. With a robust rental yield and favorable cap rates, Alton stands out as a promising choice for real estate investment.

8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for multifamily properties in Alton, IL is currently around $1,200. This rate reflects the area's demand for rental units among residents.

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