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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Kankakee, IL
Listed for sale 1 day ago
$ 229,000
ROI
24.0
Cash Flow/m
272- 3 Bed
- 2 Bath
- 1200 sft
1801 E Duane Blvd, Kankakee, IL, 60901
Listed for sale 1 day ago
$ 222,500
ROI
20.4Cash Flow/m
40- 4 Bed
- 3 Bath
- 2380 sft
878 S Wildwood Ave, Kankakee, IL, 60901
Rental Income
Listed for sale 2 days ago
$ 200,000
ROI
25.0Cash Flow/m
291- 6 Bed
- 2 Bath
- - sft
357 S Rosewood Ave, Kankakee, IL, 60901
Currently Rented
Rental Income
Listed for sale 2 days ago
$ 155,000
ROI
31.5Cash Flow/m
507- 6 Bed
- 2 Bath
- - sft
265 S Washington Ave, Kankakee, IL, 60901
Why Invest in Kankakee, Illinois?
Investing in Kankakee, IL offers promising potential for high ROI properties. With an average rental yield around 8% and a cap rate of 10%, investors can anticipate strong cash flow and steady appreciation in this affordable market. The city's rental rates are competitive, allowing investors to capitalize on the growing demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Kankakee is approximately 8%, making it an attractive option for real estate investors looking for positive cash flow.
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