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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Danvers, IL
$ 240,000
ROI
24.3
Cash Flow/m
294- 3 Bed
- 2 Bath
- 1276 sft
110 Eastview Dr, Danvers, IL, 61761
Fix & Flip
$ 139,900
ROI
29.9Cash Flow/m
394- 2 Bed
- 1 Bath
- 1446 sft
209 N East St, Danvers, IL, 61732
$ 155,000
ROI
28.2Cash Flow/m
365- 2 Bed
- 2 Bath
- 1664 sft
101 N Chatham St, Danvers, IL, 61732
$ 175,000
ROI
31.4Cash Flow/m
566- 3 Bed
- 2 Bath
- 1280 sft
108 N Chatham St, Danvers, IL, 61732
Why Invest in Danvers, Illinois?
Danvers, Illinois, is an increasingly appealing location for real estate investors, particularly for those seeking multifamily properties. With a rental yield of around 6% and an average cash flow of $1,200, the area provides solid returns. Additionally, the cap rate stands at 8%, indicating a strong market for rental investment opportunities.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Danvers, IL, is approximately $2,000, reflecting the competitive rental market in the area.
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