Multi-Family Investment Properties in Granite City, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Granite City, IL

Property at 3170 Yale Dr, Granite City, IL
Currently Rented
$ 190,000
ROI
31.9ROI percentage
Cash Flow/m
Dollar sign644
  • 2 Bed
  • 1 Bath
  • 2040 sft
3170 Yale Dr, Granite City, IL, 62040
Property at 24 Eastgate Dr, Granite City, IL
Currently Rented
Rental Income
$ 145,000
ROI
29.7ROI percentage
Cash Flow/m
Dollar sign399
  • 4 Bed
  • 2 Bath
  • 1712 sft
24 Eastgate Dr, Granite City, IL, 62040
Property at 2824 E 24th St, Granite City, IL
$ 115,000
ROI
31.1ROI percentage
Cash Flow/m
Dollar sign363
  • 6 Bed
  • 4 Bath
  • 2086 sft
2824 E 24th St, Granite City, IL, 62040
Property at 2713 Ralph St, Granite City, IL
Rental Income
$ 110,000
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign356
  • 4 Bed
  • 2 Bath
  • 1761 sft
2713 Ralph St, Granite City, IL, 62040

Why Invest in Granite City, Illinois?

Investing in multi-family properties in Granite City, IL offers promising opportunities for real estate investors. The rental demand is high, driven by a growing population and an influx of new businesses. With an average rental yield of 7% and a strong cap rate of 9%, this market is ideal for those seeking consistent cash flow.

12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$1800/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Multi-family properties offer excellent cash flow potential with consistent rental income. The high rental demand and favorable market conditions make it a lucrative investment for real estate investors.

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