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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Cortland, IL
Listed for sale 4 days ago
$ 407,400
ROI
27.7
Cash Flow/m
900- 4 Bed
- 3 Bath
- 2740 sft
288 N Charles St, Cortland, IL, 60112
Listed for sale 5 days ago
$ 335,037
ROI
29.6Cash Flow/m
916- 4 Bed
- 3 Bath
- 1300 sft
190 N Juniper St, Cortland, IL, 60112
$ 285,000
ROI
20.5Cash Flow/m
56- 4 Bed
- 3 Bath
- 2100 sft
45 N Aspen Dr, Cortland, IL, 60112
$ 240,000
ROI
20.0Cash Flow/m
17- 3 Bed
- 1 Bath
- 1002 sft
15 N Prairie St, Cortland, IL, 60112
Why Invest in Cortland, Illinois?
Investing in single-family homes in Cortland, IL, provides a stable opportunity for generating consistent cash flow and long-term appreciation. With a rental yield of 7% and an average ROI of 12%, it's an excellent market for investors seeking solid returns. The average rent stands at $1,500, making it a cost-effective option for renters.
12%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Cortland, IL, is approximately $1,500. This competitive rental pricing makes it an attractive location for renters and investors alike.
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