Investment Properties for Sale in Golconda, IL
$ 149,000
ROI
22.9
Cash Flow/m
130- 3 Bed
- 2 Bath
- 1848 sft
16 Lazy Bull Dr, Golconda, IL, 62938
$ 264,000
ROI
23.2Cash Flow/m
254- 3 Bed
- 2 Bath
- 1400 sft
40 Presley Loop, Golconda, IL, 62938
$ 175,000
ROI
19.8Cash Flow/m
2- 5 Bed
- 3 Bath
- 3144 sft
1073 Bay City Rd, Golconda, IL, 62938
$ 139,900
ROI
29.5Cash Flow/m
381- 3 Bed
- 1 Bath
- 2002 sft
1 Bushwack Rd, Golconda, IL, 62938
Why Invest in Golconda, Illinois?
Investing in Golconda, IL, offers unique opportunities for those interested in the rental market, particularly in multi-family properties. With an average rent below the state average, investors can expect competitive rental yields and a solid cash flow that is bolstered by a strong community presence. Additionally, the recent appreciation in property values indicates a growing interest in this beautiful river town.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Golconda is approximately $800, making it an affordable option for renters and attractive to potential investors.
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