Multi Family Investment Properties for Sale in Belvidere, IL
$ 220,000
ROI
24.9
Cash Flow/m
313- 3 Bed
- 2 Bath
- 1624 sft
110 W 3rd St, Belvidere, IL, 61008
Currently Rented
Rental Income
$ 275,000
ROI
27.0Cash Flow/m
550- - Bed
- - Bath
- 1785 sft
524 W Harrison St, Belvidere, IL, 61008
$ 249,900
ROI
20.1Cash Flow/m
23- - Bed
- - Bath
- 2648 sft
1011 Whitney Blvd, Belvidere, IL, 61008
$ 240,000
ROI
24.4Cash Flow/m
312- - Bed
- - Bath
- 2652 sft
528 King St, Belvidere, IL, 61008
Why Invest in Belvidere, Illinois?
Investing in multifamily properties in Belvidere, IL offers a compelling opportunity for real estate investors. The area's rental market is thriving, with a strong average rental yield and healthy cash flow. As a community that values growth, Belvidere presents promising appreciation prospects for those investing in multi-family properties.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Apartments and duplexes are among the most sought-after multifamily properties in Belvidere, appealing to both families and young professionals. The demand is bolstered by the area's economic growth and expanding job market.
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