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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Granite City, IL
Listed for sale today
$ 330,000
ROI
24.3
Cash Flow/m
416- 4 Bed
- 3 Bath
- 1872 sft
2247 Wildwood Dr, Granite City, IL, 62040
Listed for sale today
$ 255,000
ROI
23.4Cash Flow/m
254- 2 Bed
- 2 Bath
- 3668 sft
2710 State St, Granite City, IL, 62040
Fix & Flip
Listed for sale 1 day ago
$ 139,900
ROI
23.5Cash Flow/m
147- 4 Bed
- 2 Bath
- 1901 sft
2057 Cleveland Blvd, Granite City, IL, 62040
Listed for sale 1 day ago
$ 130,000
ROI
29.7Cash Flow/m
358- 2 Bed
- 1 Bath
- 840 sft
4713 Warnock Ave, Granite City, IL, 62040
Why Invest in Granite City, Illinois?
Granite City, IL is gaining traction for investors seeking high rental yield opportunities. With the average rental yield surpassing 8%, this city presents an attractive prospect for rental property investments, especially for those interested in multi-family units. Stability in tenant occupancy at 90% further enhances potential cash flow, making it a favorable location to consider for future investments.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Granite City exceeds 8%, making it an attractive market for investors looking for high returns on rental properties.
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