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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
Currently Rented
Rental Income
Listed for sale today
$ 149,900
ROI
31.8
Cash Flow/m
501- 3 Bed
- 3 Bath
- - sft
946 S Schuyler Ave, Kankakee, IL, 60901
Listed for sale 1 day ago
$ 269,000
ROI
28.2Cash Flow/m
634- 4 Bed
- 2 Bath
- 1600 sft
2857 River Rd, Kankakee, IL, 60901
Listed for sale 1 day ago
$ 199,900
ROI
20.2Cash Flow/m
23- 2 Bed
- 2 Bath
- 1500 sft
846 N 5th Ave, Kankakee, IL, 60901
Listed for sale 4 days ago
$ 110,000
ROI
32.7Cash Flow/m
396- 4 Bed
- 2 Bath
- - sft
369-371 S 3rd 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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