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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Erie, IL
Listed for sale 1 day ago
$ 135,900
ROI
23.3
Cash Flow/m
134- 3 Bed
- 1 Bath
- 1400 sft
1884 Banks Rd, Erie, IL, 61250
Fix & Flip
$ 165,000
ROI
25.6Cash Flow/m
268- 3 Bed
- 3 Bath
- 1150 sft
7820 Kelly Ct, Erie, IL, 61250
$ 110,000
ROI
33.0Cash Flow/m
405- 3 Bed
- 1 Bath
- 877 sft
7180 Smit Rd, Erie, IL, 61250
$ 162,500
ROI
20.7Cash Flow/m
43- 2 Bed
- 1 Bath
- 1395 sft
1320 6th Ave, Erie, IL, 61250
Why Invest in Erie, Illinois?
Investing in Erie, IL, provides an excellent opportunity for high ROI properties, especially for rental investments. The region boasts strong rental yields and a steady appreciation rate, making it an attractive market for investors seeking consistent cash flow.
9.5%
Avg. ROI
6.7%
Rental Yield
8.1%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Erie, IL, is around 6.7%, indicating a strong return for rental properties. This makes Erie an attractive destination for real estate investors.
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