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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Loraine, IL
$ 130,000
ROI
23.4
Cash Flow/m
132- 3 Bed
- 1 Bath
- 1800 sft
121 N Broad St, Loraine, IL, 62349
$ 165,000
ROI
35.3Cash Flow/m
712- 4 Bed
- 2 Bath
- 2100 sft
203 E North St, Loraine, IL, 62349
Fix & Flip
$ 200,000
ROI
21.3Cash Flow/m
84- 3 Bed
- 1 Bath
- 1837 sft
1550 N 2753rd Ln, Loraine, IL, 62349
$ 107,000
ROI
34.6Cash Flow/m
442- 2 Bed
- 1 Bath
- 923 sft
303 S Hedrick St, Loraine, IL, 62349
Why Invest in Loraine, Illinois?
Investing in Lorraine, IL offers a robust opportunity in the real estate market, particularly for those looking at rental properties. With competitive rental yields and low vacancy rates, investors can expect a reliable cash flow. The area's proximity to major transit routes enhances its appeal for renters seeking convenience.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Lorraine, IL is approximately $1,500 per month, making it an attractive option for both renters and investors.
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