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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Hopedale, IL
$ 130,000
ROI
23.3
Cash Flow/m
128- 2 Bed
- 1 Bath
- 864 sft
310 Washington St, Hopedale, IL, 61747
$ 175,000
ROI
27.1Cash Flow/m
357- 2 Bed
- 2 Bath
- 1064 sft
713 Schilpp Ct, Hopedale, IL, 61747
$ 127,900
ROI
22.0Cash Flow/m
80- 2 Bed
- 1 Bath
- 968 sft
624 Cherry St, Hopedale, IL, 61747
Fix & Flip
$ 150,000
ROI
30.3Cash Flow/m
440- 3 Bed
- 2 Bath
- 1248 sft
713 Lynn St, Hopedale, IL, 61747
Why Invest in Hopedale, Illinois?
Hopedale, IL presents unique investment opportunities, especially for those considering multi-family properties. This small community has shown consistent rental demand with an average rental yield of 7%. Investors can expect a stable cash flow due to the area’s strong local economy and reasonable cap rates in recent years.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Hopedale, IL is approximately $1,500 per month, reflecting the area's stable rental demand.
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