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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Elwood, IL
Fix & Flip
$ 330,000
ROI
20.7
Cash Flow/m
87- 3 Bed
- 3 Bath
- 2100 sft
17657 W Kinder Dr, Elwood, IL, 60421
Fix & Flip
$ 285,000
ROI
33.0Cash Flow/m
1047- 3 Bed
- 3 Bath
- 1404 sft
19256 W Raymond Dr, Elwood, IL, 60421
Fix & Flip
$ 169,900
ROI
23.0Cash Flow/m
154- 2 Bed
- 1 Bath
- 1000 sft
203 W Morris St, Elwood, IL, 60421
Fix & Flip
$ 129,900
ROI
22.8Cash Flow/m
109- 3 Bed
- 2 Bath
- - sft
400 James Rd, Elwood, IL, 60421
Why Invest in Elwood, Illinois?
Investing in Elwood, IL, offers a unique opportunity for fix-and-flip projects, particularly given the area's upward trajectory. Properties here are seeing an appreciation rate of 3% annually, making it a viable option for investors looking to generate quick returns. With an average cap rate of 8% and a rental yield of 10%, the potential for profit is significant.
15%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors can typically expect an average ROI of around 15% on fix-and-flip properties in Elwood, making it a lucrative market for real estate investment.
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