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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in East Peoria, IL
Rental Income
Listed for sale 1 day ago
$ 129,900
ROI
26.4
Cash Flow/m
239- 2 Bed
- 2 Bath
- 648 sft
224 & 224 Grandview Ave E, East Peoria, IL, 61611
$ 135,000
ROI
22.0Cash Flow/m
84- 3 Bed
- 2 Bath
- 1296 sft
909 & 909-1/2 Meadow Ave, East Peoria, IL, 61611
$ 120,000
ROI
29.0Cash Flow/m
308- 2 Bed
- 2 Bath
- 950 sft
2510 Springfield Rd, East Peoria, IL, 61611
$ 189,900
ROI
22.2Cash Flow/m
131- 7 Bed
- 4 Bath
- 2894 sft
418 Monson St, East Peoria, IL, 61611
Why Invest in East Peoria, Illinois?
Investing in multifamily properties in East Peoria, IL can be a lucrative opportunity given the city's growing rental market. With a competitive average cash flow and a rental yield that appeals to investors, East Peoria is positioning itself as a strong market for multi-family residences. Additionally, the area's strategic location ensures ongoing demand from renters, making it a wise choice for investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in multifamily properties in East Peoria offers multiple benefits such as favorable rental yields, a growing job market, and a diverse population. These factors contribute to a strong demand for rentals.
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