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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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 single-family homes in Hoopeston, IL offers a promising opportunity for stability and growth. With a rental yield of approximately 7.5% and a steady appreciation rate of around 3% annually, this market makes for an attractive investment option. Average rents are currently about $850, providing solid cash flow potential for investors.
8%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Hoopeston is approximately $850 per month, making it an affordable option for both renters and investors.
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