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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
$ 325,000
ROI
22.3
Cash Flow/m
231- 3 Bed
- 2 Bath
- 2872 sft
4973 E Lawnside Dr, Byron, IL, 61010
$ 195,000
ROI
22.0Cash Flow/m
121- 4 Bed
- 2 Bath
- 1188 sft
407 W 4th St, Byron, IL, 61010
Fix & Flip
$ 199,999
ROI
23.6Cash Flow/m
215- 3 Bed
- 2 Bath
- 1126 sft
6127 Oak Dr, Byron, IL, 61010
$ 261,900
ROI
20.0Cash Flow/m
21- 5 Bed
- 3 Bath
- 2678 sft
151 N Fox Run Ln, 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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