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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Burnham, IL
Listed for sale 4 days ago
$ 249,900
ROI
29.9
Cash Flow/m
707- 4 Bed
- 2 Bath
- 1230 sft
14408 S Hoxie Ave, Burnham, IL, 60633
$ 100,000
ROI
23.1Cash Flow/m
93- 3 Bed
- 1 Bath
- 1070 sft
(Undisclosed Address), Burnham, IL, 60633
$ 219,000
ROI
19.9Cash Flow/m
10- 3 Bed
- 2 Bath
- 1300 sft
14024 S Saginaw Ave, Burnham, IL, 60633
$ 159,000
ROI
22.1Cash Flow/m
104- 3 Bed
- 2 Bath
- 1200 sft
13932 S Chippewa Ave, Burnham, IL, 60633
Why Invest in Burnham, Illinois?
Investing in single-family homes in Burnham, IL offers promising opportunities for cash flow and appreciation. With an average rental yield of 6% and an appreciation rate of 3% over the past year, investors can expect solid returns. The market has seen a steady demand for rentals, with 85% of properties renter-occupied, making it a favorable environment for single-family investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Burnham, IL is approximately $1,500 per month. This figure reflects the current rental market and varies based on property conditions and locations.
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