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

Listed for sale 2 days ago
$ 199,000
ROI
22.1
Cash Flow/m
130- 8 Bed
- 4 Bath
- - sft
700 5th Ave, Erie, IL, 61250

Listed for sale 3 days ago
$ 219,900
ROI
24.3
Cash Flow/m
278- 3 Bed
- 2 Bath
- 1416 sft
300 Highland Ave, Erie, IL, 61250

$ 140,000
ROI
22.5
Cash Flow/m
107- 3 Bed
- 2 Bath
- 1200 sft
1211 16th Ave, Erie, IL, 61250

$ 169,900
ROI
22.2
Cash Flow/m
117- 3 Bed
- 2 Bath
- 1459 sft
6740 Albany Rd, 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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