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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Hoopeston, IL
Listed for sale 4 days ago
$ 110,000
ROI
28.1
Cash Flow/m
257- 3 Bed
- 1 Bath
- 1250 sft
926 S 6th Ave, Hoopeston, IL, 60942
Motivated Seller
$ 119,900
ROI
25.4Cash Flow/m
188- 3 Bed
- 2 Bath
- 1700 sft
701 W Washington St, Hoopeston, IL, 60942
$ 129,000
ROI
23.5Cash Flow/m
136- 3 Bed
- 2 Bath
- 1440 sft
319 Cedar St, Hoopeston, IL, 60942
$ 139,000
ROI
21.2Cash Flow/m
56- 4 Bed
- 3 Bath
- 1500 sft
845 E Washington 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.
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