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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Byron, IL
Listed for sale 7 days ago
$ 334,900
ROI
19.8
Cash Flow/m
5- 4 Bed
- 3 Bath
- 2959 sft
5115 E Hamlet Cir, Byron, IL, 61010
$ 292,000
ROI
20.5Cash Flow/m
57- 3 Bed
- 2 Bath
- 1196 sft
2917 Everett Ln, Byron, IL, 61010
$ 154,900
ROI
22.5Cash Flow/m
117- 2 Bed
- 1 Bath
- 2080 sft
7424 N River Rd, Byron, IL, 61010
Fix & Flip
$ 279,900
ROI
22.8Cash Flow/m
233- 4 Bed
- 3 Bath
- 1220 sft
8668 Yosemite Dr, Byron, IL, 61010
Why Invest in Byron, Illinois?
Investing in single-family homes in Illinois can yield attractive returns, particularly in smaller towns like Byron, where property prices are lower compared to urban centers. With an average cash flow of $200 per month and a cap rate of around 8%, this region appeals to both new and seasoned investors looking for steady rental income. Furthermore, the area showcases a renter-occupied rate of 35%, making it a prime target for investment.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental rate for single-family homes in Byron is approximately $1,200 per month, making it competitive for area investors seeking return on investment.
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