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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Golconda, IL
$ 175,000
ROI
19.8
Cash 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
$ 299,000
ROI
21.3Cash 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
Why Invest in Golconda, Illinois?
Investing in single-family homes in Golconda, IL could be a smart decision for investors seeking stable returns. With an average rental yield of 7.5% and consistent cash flow from the area's diverse rental market, opportunities abound. The property values have shown a steady appreciation rate of 3% over the past five years, making it attractive for long-term investment.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Golconda, IL, is approximately $1,200 per month, which offers a competitive yield for investors.
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