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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Hanover, IL
$ 210,000
ROI
27.1
Cash Flow/m
427- 3 Bed
- 2 Bath
- 1920 sft
800 Monroe St, Hanover, IL, 61041
$ 129,900
ROI
32.4Cash Flow/m
459- - Bed
- - Bath
- - sft
10113 S Crazy Hollow Rd, Hanover, IL, 61041
$ 139,000
ROI
22.1Cash Flow/m
92- 3 Bed
- 2 Bath
- 2142 sft
109 Division St, Hanover, IL, 61041
$ 220,000
ROI
22.3Cash Flow/m
155- 3 Bed
- 2 Bath
- 2384 sft
9793 State Route 84 S, Hanover, IL, 61041
Why Invest in Hanover, Illinois?
Investing in Hanover, IL offers a promising opportunity with a solid rental market. The area has experienced a steady appreciation rate along with a rental yield that appeals to investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Hanover, IL is experiencing a growth trend, with an average rental growth of 5% over the past year. The current vacancy rate stands at around 4%, indicating healthy demand.
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