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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
$ 150,000
ROI
21.9
Cash Flow/m
91- 2 Bed
- 2 Bath
- 1100 sft
333 E Front St, Byron, IL, 61010
$ 385,000
ROI
25.0Cash Flow/m
562- 4 Bed
- 3 Bath
- 2894 sft
6937 N Summit Dr, Byron, IL, 61010
$ 400,000
ROI
21.3Cash Flow/m
170- 4 Bed
- 4 Bath
- 3270 sft
8625 Byron Hills Dr, Byron, IL, 61010
$ 330,000
ROI
24.2Cash Flow/m
406- 3 Bed
- 3 Bath
- 1970 sft
6977 N Alpine 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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