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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Harvey, IL
Fix & Flip
Listed for sale 1 day ago
$ 105,000
ROI
23.5
Cash Flow/m
109- 4 Bed
- 3 Bath
- 1440 sft
14623 Justine St, Harvey, IL, 60426
Listed for sale 1 day ago
$ 179,900
ROI
22.6Cash Flow/m
143- 3 Bed
- 2 Bath
- 1400 sft
15822 S Ashland Ave, Harvey, IL, 60426
Listed for sale 3 days ago
$ 230,000
ROI
26.8Cash Flow/m
448- 6 Bed
- 3 Bath
- - sft
15620 Loomis Ave, Harvey, IL, 60426
Motivated Seller
Listed for sale 3 days ago
$ 145,000
ROI
23.2Cash Flow/m
137- 3 Bed
- 1 Bath
- 1110 sft
14337 Parnell Ave, Harvey, IL, 60426
Why Invest in Harvey, Illinois?
Investing in Harvey, IL, especially in multifamily properties, presents strong opportunities with an average rental yield of 7.2%. The city's affordable average rent of $1,200 allows for good cash flow potential, making it an attractive market for real estate investors. With a cap rate of 9.5%, the local market provides favorable conditions for investment.
12%
Avg. ROI
7.2%
Rental Yield
9.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Harvey, IL, is approximately $1,200 per month, which is quite affordable compared to surrounding areas. This makes it an attractive option for both renters and investors.
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