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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Cortland, IL
Listed for sale 1 day ago
$ 329,900
ROI
30.1
Cash Flow/m
952- 3 Bed
- 2 Bath
- 1416 sft
219 N Hickory St, Cortland, IL, 60112
Listed for sale 7 days ago
$ 265,000
ROI
27.6Cash Flow/m
576- 3 Bed
- 2 Bath
- 1400 sft
234 W Kyra Ln, Cortland, IL, 60112
Listed for sale 7 days ago
$ 377,500
ROI
25.7Cash Flow/m
622- 3 Bed
- 2 Bath
- 1535 sft
21 W Winterberry Ave, Cortland, IL, 60112
$ 239,900
ROI
24.4Cash Flow/m
307- 2 Bed
- 1 Bath
- 1120 sft
529 S Preston Streets, Cortland, IL, 60112
Why Invest in Cortland, Illinois?
Cortland, IL, presents a promising investment opportunity for those interested in rental properties. With a strong rental market and a growing demand for affordable housing, investors can look forward to solid cash flow and potential appreciation. The average rental yield remains competitive, and the local real estate market shows signs of consistent growth due to its proximity to urban centers.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Cortland, IL is approximately $1,200 per month, making it an affordable option for many renters.
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