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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 1 day ago
$ 255,000
ROI
28.6
Cash Flow/m
631- 4 Bed
- 3 Bath
- 2119 sft
1184-1188 Lola St, Granite City, IL, 62040
Listed for sale 1 day ago
$ 184,900
ROI
26.5Cash Flow/m
345- 3 Bed
- 2 Bath
- 1445 sft
1713 Garfield Ave, Granite City, IL, 62040
Listed for sale 1 day ago
$ 369,000
ROI
20.9Cash Flow/m
117- 3 Bed
- 2 Bath
- 2497 sft
260 Emerald Way W, Granite City, IL, 62040
Listed for sale 1 day ago
$ 145,000
ROI
29.9Cash Flow/m
408- 3 Bed
- 1 Bath
- 900 sft
200 Wilson Park Ln, 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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