Single Family Investment Properties for Sale in Alton, IL
Listed for sale 1 day ago
$ 195,000
ROI
23.6
Cash Flow/m
207- 3 Bed
- 2 Bath
- 2068 sft
3625 Aberdeen Ave, Alton, IL, 62002
Listed for sale 1 day ago
$ 155,000
ROI
22.0Cash Flow/m
97- 3 Bed
- 2 Bath
- 1254 sft
3614 Gilham Ave, Alton, IL, 62002
Listed for sale 1 day ago
$ 125,000
ROI
23.1Cash Flow/m
118- 2 Bed
- 1 Bath
- 868 sft
508 William St, Alton, IL, 62002
Listed for sale 4 days ago
$ 157,900
ROI
24.2Cash Flow/m
195- 2 Bed
- 1 Bath
- 1013 sft
4466 Fosterburg Rd, Alton, IL, 62002
Why Invest in Alton, Illinois?
Investing in single-family homes in Alton, IL, presents a unique opportunity for real estate investors looking for affordability and potential growth. With a competitive rental yield and attractive average rents, Alton can be a lucrative market for long-term investments. The city's strategic location along the Mississippi River coupled with its vibrant community makes it an enticing choice for families and renters alike.
8.5%
Avg. ROI
12%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for single-family homes in Alton, IL, is approximately $1,200 per month. This competitive rate attracts a steady stream of renters in the area.
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