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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Golconda, IL
$ 119,000
ROI
22.3
Cash 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
$ 184,176
ROI
55.3Cash Flow/m
1822- 5 Bed
- 3 Bath
- 2000 sft
121 Coonhunters Rd, Golconda, IL, 62938
Why Invest in Golconda, Illinois?
Golconda, IL presents a unique opportunity for investors looking for high rental yield. With a rental yield of approximately 8% and average cash flow around $1,500 per month, this area shows great potential for returns. Additionally, the market is seeing a steady appreciation rate of 3% annually, making it an attractive investment option for those looking to diversify their portfolios.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Golconda, IL is approximately 8%. This makes it a favorable market for investors looking for strong return on investment.
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