High Rental Yield Investment Properties for Sale in Erie, IL

Property at 1202 Main St, Erie, IL
$ 139,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign103
  • 2 Bed
  • 1 Bath
  • 1354 sft
1202 Main St, Erie, IL, 61250
Property at 7807 Kelly Ct, Erie, IL
$ 219,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign205
  • 3 Bed
  • 2 Bath
  • 1400 sft
7807 Kelly Ct, Erie, IL, 61250
Property at 8295 Hurd Rd, Erie, IL
$ 225,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign53
  • 4 Bed
  • 1 Bath
  • 1200 sft
8295 Hurd Rd, Erie, IL, 61250
Property at 1010 Main St, Erie, IL
$ 120,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign87
  • 2 Bed
  • 1 Bath
  • 1315 sft
1010 Main St, Erie, IL, 61250

Why Invest in Erie, Illinois?

Investing in Erie, Illinois, offers a compelling opportunity for high rental yield. The rental market is competitive, with properties yielding an average rental return of 8%, providing a strong incentive for investors. The area is experiencing a growth in rental demand due to a robust job market and rising property values, with an appreciation rate of about 4% annually.

12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Erie, Illinois, is approximately 8%, making it an attractive market for real estate investors.

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