Investment Properties for Sale in Hoopeston, IL
$ 108,000
ROI
28.8
Cash Flow/m
271- 3 Bed
- 1 Bath
- 1950 sft
710 E Main St, Hoopeston, IL, 60942
$ 200,000
ROI
26.9Cash Flow/m
400- 4 Bed
- 2 Bath
- 2250 sft
702 Wilson Ave, Hoopeston, IL, 60942
$ 104,900
ROI
29.1Cash Flow/m
273- 2 Bed
- 1 Bath
- 950 sft
816 S 5th St, Hoopeston, IL, 60942
$ 202,900
ROI
22.1Cash Flow/m
130- 3 Bed
- 2 Bath
- 1349 sft
406 E Chestnut St, Hoopeston, IL, 60942
Why Invest in Hoopeston, Illinois?
Investing in Hoopeston, IL could be a strategic decision for those seeking affordable rental properties. The city's rental market has shown signs of stability with modest average rents and a good rental yield. With a cap rate around 8% and a renter-occupied rate of approximately 60%, this small town offers promising opportunities for long-term investments.
7.5%
Avg. ROI
9.2%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Hoopeston is approximately $850 per month, which is relatively affordable compared to many urban areas. This makes it an attractive option for renters and investors alike.
Find Your Perfect Investment Property in Hoopeston, Illinois
Explore investment opportunities by strategy, performance, or property type
