Multi-Family Investment Properties in Harvey, 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 Harvey, IL

Property at 15620 Loomis Ave, Harvey, IL
Listed for sale 4 days ago
$ 230,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign448
  • 6 Bed
  • 3 Bath
  • - sft
15620 Loomis Ave, Harvey, IL, 60426
Property at 175 W 154th St, Harvey, IL
Listed for sale 4 days ago
$ 240,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign249
  • 4 Bed
  • 4 Bath
  • - sft
175 W 154th St, Harvey, IL, 60426
Property at 16609 Emerald Ave, Harvey, IL
Rental Income
$ 280,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign35
  • 5 Bed
  • 3 Bath
  • - sft
16609 Emerald Ave, Harvey, IL, 60426
Property at 15736 Lathrop Ave, Harvey, IL
Currently Rented
Fix & Flip
$ 180,000
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign431
  • 7 Bed
  • 4 Bath
  • - sft
15736 Lathrop Ave, Harvey, IL, 60426

Why Invest in Harvey, Illinois?

Investing in multi-family properties in Harvey, IL presents a unique opportunity due to the city's affordable real estate market and robust rental demand. With an average rental yield of 7.5% and a cap rate of around 9%, investors can expect strong cash flow and potential appreciation in the coming years. The area's economic growth adds further viability to multi-family investments.

12%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Investing in multi-family properties in Harvey provides strong cash flow potential due to high rental yields and relatively low purchase prices. The area's developing economy also supports long-term appreciation.

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