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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Good Hope, IL

$ 169,900
ROI
22.2
Cash Flow/m
115- 4 Bed
- 2 Bath
- 2540 sft
15315 N 2200th Rd, Good Hope, IL, 61438

$ 129,000
ROI
30.8
Cash Flow/m
395- 3 Bed
- 1 Bath
- 1844 sft
240 S Monmouth St, Good Hope, IL, 61438

Fix & Flip
$ 115,000
ROI
22.1
Cash Flow/m
76- 4 Bed
- 2 Bath
- 1680 sft
201 N Pine St, Good Hope, IL, 61438

$ 155,000
ROI
48.5
Cash Flow/m
1241- 3 Bed
- 2 Bath
- 1252 sft
320 S Washington St, Good Hope, IL, 61438
Why Invest in Good Hope, Illinois?
Investing in Good Hope, IL offers unique opportunities for real estate due to its affordability and stable rental market. With an average rental yield of 6% and a cap rate of 8%, the area presents a solid option for those looking to capitalize on cash flow. The average rent is around $950, making it accessible for many families and individuals, leading to a renter-occupied rate of 60%.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Good Hope offers affordable real estate with solid rental yields and a stable property market. The low vacancy rates and high renter occupancy make it an attractive option for investors.
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