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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 today
$ 179,900
ROI
29.0
Cash Flow/m
462- 3 Bed
- 2 Bath
- 1225 sft
984 S Poplar Ave, Kankakee, IL, 60901
Listed for sale 1 day ago
$ 259,900
ROI
20.5Cash Flow/m
57- 3 Bed
- 2 Bath
- 1125 sft
5538 W 1000th Rd N, Kankakee, IL, 60901
Listed for sale 2 days ago
$ 120,000
ROI
43.4Cash Flow/m
789- 2 Bed
- 2 Bath
- 982 sft
473 S Nelson Ave, Kankakee, IL, 60901
Listed for sale 3 days ago
$ 109,900
ROI
23.5Cash Flow/m
114- 2 Bed
- 1 Bath
- 1180 sft
55 S 3120w Rd, 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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