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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Golconda, IL
Listed for sale 1 day ago
$ 299,000
ROI
21.3
Cash Flow/m
127- 2 Bed
- 2 Bath
- 1200 sft
377 Lusk Rd, Golconda, IL, 62938
$ 119,000
ROI
22.3Cash Flow/m
86- 2 Bed
- 1 Bath
- 1364 sft
316 Clanahan Rd, Golconda, IL, 62938
$ 269,900
ROI
24.1Cash Flow/m
324- 3 Bed
- 2 Bath
- 1400 sft
40 Presley Loop, Golconda, IL, 62938
Rental Income
$ 395,000
ROI
29.5Cash Flow/m
1073- 3 Bed
- 2 Bath
- 1113 sft
26 Perkins 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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