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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Hanover, IL

Listed for sale 6 days ago
$ 159,900
ROI
23.0
Cash Flow/m
146- 3 Bed
- 2 Bath
- 1126 sft
303 Elm St, Hanover, IL, 61041

$ 200,000
ROI
21.2
Cash Flow/m
79- 4 Bed
- 2 Bath
- 1872 sft
407 N Washington St, Hanover, IL, 61041

Airbnb Potential
$ 249,900
ROI
24.8
Cash Flow/m
349- 3 Bed
- 3 Bath
- 2258 sft
5309 W Nobis Ln, Hanover, IL, 61041

$ 210,000
ROI
27.1
Cash Flow/m
427- 3 Bed
- 2 Bath
- 1920 sft
800 Monroe St, Hanover, IL, 61041
Why Invest in Hanover, Illinois?
Investing in Hanover, IL offers a high return on investment potential, especially as the market is experiencing strong rental demand. With average cash flow and attractive rental yields, Hanover presents an appealing opportunity for real estate investors seeking solid performance metrics.
9.2%
Avg. ROI
6.5%
Rental Yield
7.1%
Cap Rate
$350/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Rental demand in Hanover, IL is quite strong, supported by a mix of young professionals and families. With a high renter-occupied rate of 89%, investors can expect consistent rental income.
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