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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Burnham, IL
Listed for sale 1 day ago
$ 264,700
ROI
19.8
Cash Flow/m
6- 3 Bed
- 2 Bath
- 1600 sft
14129 S Hoxie Ave, Burnham, IL, 60633
Listed for sale 3 days ago
$ 199,900
ROI
22.5Cash Flow/m
149- 5 Bed
- 2 Bath
- 1500 sft
14114 S Saginaw Ave, Burnham, IL, 60633
$ 350,000
ROI
29.1Cash Flow/m
911- 4 Bed
- 2 Bath
- 2000 sft
14315 S Manistee Ave, Burnham, IL, 60633
$ 239,000
ROI
20.0Cash Flow/m
13- 3 Bed
- 2 Bath
- 1300 sft
14024 S Saginaw 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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