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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Groveland, IL
Listed for sale today
$ 684,900
ROI
20.4
Cash Flow/m
71- 5 Bed
- 5 Bath
- 3623 sft
124 Cherokee Dr, Groveland, IL, 61535
Listed for sale 5 days ago
$ 299,900
ROI
22.4Cash Flow/m
217- 3 Bed
- 2 Bath
- 1493 sft
4751 Sheridan Rd, Groveland, IL, 61535
$ 219,900
ROI
24.6Cash Flow/m
294- 3 Bed
- 2 Bath
- 1440 sft
265 Sheffield Rd, Groveland, IL, 61535
$ 385,000
ROI
21.6Cash Flow/m
198- 4 Bed
- 3 Bath
- 2230 sft
104 Conaghan Dr, Groveland, IL, 61535
Why Invest in Groveland, Illinois?
Groveland, IL is an attractive place for investors seeking high rental yield properties. With an average rental yield of 8.5%, Groveland presents a solid opportunity for cash flow-focused investors. The local market features a stable job growth rate and reasonable home prices, which contribute to an estimated appreciation rate of 5% as well as an average cash flow of $400 per month.
12%
Avg. ROI
8.5%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Groveland, IL is approximately 8.5%, making it an appealing market for real estate investors looking for good cash flow.
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