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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Glenwood, IL
Fix & Flip
Listed for sale 4 days ago
$ 239,900
ROI
20.0
Cash Flow/m
15- 3 Bed
- 3 Bath
- 1483 sft
532 S Blackstone Ave, Glenwood, IL, 60425
Fix & Flip
$ 195,000
ROI
23.7Cash Flow/m
214- 3 Bed
- 2 Bath
- 1337 sft
14 N Wabash Ave, Glenwood, IL, 60425
Fix & Flip
Motivated Seller
$ 250,000
ROI
20.3Cash Flow/m
39- 3 Bed
- 2 Bath
- 1346 sft
408 N Longwood Dr, Glenwood, IL, 60425
Fix & Flip
$ 159,950
ROI
21.9Cash Flow/m
97- 2 Bed
- 2 Bath
- 1313 sft
202 E Rose St, Glenwood, IL, 60425
Why Invest in Glenwood, Illinois?
Investing in Glenwood, IL for fix-and-flip opportunities can be lucrative due to the area's growing demand for affordable properties. With an average rental yield of 7.5% and a strong appreciation rate of 4% annually, investors can expect decent returns on their renovation investments. The local market benefits from a healthy job growth rate and a median income of $68,000, making it an appealing choice for prospective buyers.
20%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Renovation costs in Glenwood typically range from $30,000 to $70,000 depending on the property's condition and size. It's essential to budget for both visible improvements and potential hidden repairs.
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