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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Burnham, IL
Fix & Flip
$ 239,999
ROI
20.0
Cash Flow/m
17- 3 Bed
- 2 Bath
- 1387 sft
14107 S Mackinaw Ave, Burnham, IL, 60633
$ 214,900
ROI
28.9Cash Flow/m
546- 6 Bed
- 2 Bath
- - sft
3049 E 138th Pl, Burnham, IL, 60633
$ 279,000
ROI
19.9Cash Flow/m
11- 4 Bed
- 2 Bath
- 2000 sft
14315 S Manistee Ave, Burnham, IL, 60633
Fix & Flip
$ 195,000
ROI
21.9Cash Flow/m
114- 3 Bed
- 2 Bath
- 200 sft
14032 Burnham Ave, Burnham, IL, 60633
Why Invest in Burnham, Illinois?
Burnham, IL has emerged as an attractive area for investors looking for affordable properties with strong rental demand. With an average rent of $1,200 and a solid rental yield of 8%, this suburb offers compelling investment opportunities. Investors can take advantage of a cap rate of 10% and a favorable appreciation rate of 4% over the past few years, making it a smart choice for passive income.
15%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Burnham, IL is currently around $1,200, which offers a good yield for real estate investors.
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