Single Family Investment Properties for Sale in Byron, IL
Listed for sale 5 days ago
$ 385,000
ROI
25.4
Cash Flow/m
601- 5 Bed
- 4 Bath
- 3116 sft
3910 E Mockingbird Ln, Byron, IL, 61010
Fix & Flip
Rental Income
$ 134,900
ROI
27.1Cash Flow/m
276- 2 Bed
- 1 Bath
- 480 sft
5446 N River Rd, Byron, IL, 61010
$ 280,000
ROI
25.9Cash Flow/m
479- 3 Bed
- 2 Bath
- 1404 sft
850 Fieldcrest Dr, Byron, IL, 61010
$ 399,900
ROI
21.3Cash Flow/m
173- 5 Bed
- 3 Bath
- 3420 sft
1339 Glacier 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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