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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Hometown, IL
Listed for sale 1 day ago
$ 239,900
ROI
26.3
Cash Flow/m
436- 4 Bed
- 2 Bath
- 1050 sft
(Undisclosed Address), Hometown, IL, 60456
Listed for sale 3 days ago
$ 249,900
ROI
25.0Cash Flow/m
367- 3 Bed
- 2 Bath
- 1223 sft
8808 Corcoran Rd, Hometown, IL, 60456
$ 229,900
ROI
29.0Cash Flow/m
594- 2 Bed
- 1 Bath
- 780 sft
8801 S Corcoran Rd, Hometown, IL, 60456
$ 174,900
ROI
31.7Cash Flow/m
583- 2 Bed
- 1 Bath
- 744 sft
8743 S Kolin Ave, Hometown, IL, 60456
Why Invest in Hometown, Illinois?
Investing in Hometown, IL, offers a compelling opportunity for rental properties with high rental yields. With an average rental yield of 7% and a promising cap rate of 5.5%, investors can expect steady cash flow and appreciation in this suburb. The area features a strong rental market, with approximately 50% of properties renter-occupied, making it an attractive option for real estate investment.
9%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Hometown, IL, is approximately $1,800 per month. This aligns with the local rental market trends and the growing demand for rental units.
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