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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
$ 199,900
ROI
26.7
Cash Flow/m
388- 4 Bed
- 2 Bath
- 1564 sft
914 Crest View Trl, Byron, IL, 61010
Fix & Flip
$ 169,900
ROI
22.8Cash Flow/m
144- 3 Bed
- 2 Bath
- 1248 sft
943 Crest Ct, Byron, IL, 61010
$ 270,000
ROI
26.1Cash Flow/m
473- 3 Bed
- 2 Bath
- 2130 sft
750 Brookview Dr N, Byron, IL, 61010
$ 334,900
ROI
26.6Cash Flow/m
641- 4 Bed
- 3 Bath
- 2400 sft
1364 Joanne Ter, 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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