High Rental Yield Investment Properties for Sale in La Fayette, IL
$ 112,000
ROI
22.0
Cash Flow/m
68- 3 Bed
- 2 Bath
- 2028 sft
305 Hodgson St, La Fayette, IL, 61449
Currently Rented
Fix & Flip
$ 140,000
ROI
22.1Cash Flow/m
92- 3 Bed
- 2 Bath
- 1008 sft
2629 Golf Rd, La Fayette, IL, 61449
$ 109,900
ROI
22.7Cash Flow/m
89- 2 Bed
- 1 Bath
- 1056 sft
607 E Main St, La Fayette, IL, 61449
$ 144,900
ROI
25.8Cash Flow/m
250- 3 Bed
- 1 Bath
- 1220 sft
503 Lafayette St, La Fayette, IL, 61449
Why Invest in La Fayette, Illinois?
Investing in Lafayette, IL offers promising prospects, especially for those seeking high rental yields. The local market demonstrates a solid rental yield of approximately 8% alongside an average cash flow nearing $500 per month. With property appreciation around 4% annually, this area is attractive for investors looking for stable returns.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Key factors include a growing population, strong job market, and increasing rental demand which collectively push rental yields higher.
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