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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Danville, IL

$ 101,500
ROI
22.3
Cash Flow/m
71- 5 Bed
- 2 Bath
- - sft
1101 Franklin St, Danville, IL, 61832

$ 139,000
ROI
25.9
Cash Flow/m
236- 8 Bed
- 4 Bath
- - sft
111 E Davis St, Danville, IL, 61832

$ 280,000
ROI
46.5
Cash Flow/m
2083- 5 Bed
- 3 Bath
- - sft
420 N Gilbert St, Danville, IL, 61832

Currently Rented
$ 100,000
ROI
24.7
Cash Flow/m
137- 4 Bed
- 2 Bath
- - sft
123 N Gilbert St, Danville, IL, 61832
Why Invest in Danville, Illinois?
Investing in multi-family properties in Danville, IL offers a promising opportunity for real estate investors. With a strong rental market, you can expect stable cash flow and competitive rental yields. The average rent in the area is affordable, making it attractive for tenants, contributing to a low vacancy rate.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Multi-family properties in Danville provide a steady rental income due to high tenant demand. Investors can benefit from property appreciation and a growing rental market.
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