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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
Fix & Flip
$ 109,900
ROI
31.8
Cash Flow/m
369- 6 Bed
- 4 Bath
- - sft
15616 Loomis Ave, Harvey, IL, 60426
Rental Income
$ 185,000
ROI
27.5Cash Flow/m
397- 5 Bed
- 3 Bath
- - sft
14602 Loomis Ave, Harvey, IL, 60426
Currently Rented
Fix & Flip
$ 180,000
ROI
28.4Cash Flow/m
431- 7 Bed
- 4 Bath
- - sft
15736 Lathrop Ave, Harvey, IL, 60426
Currently Rented
Rental Income
$ 175,000
ROI
30.9Cash Flow/m
540- 5 Bed
- 2 Bath
- - sft
14652 Spaulding 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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