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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Mackinaw, IL
$ 221,900
ROI
21.8
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1536 sft
7 Carlton Dr, Mackinaw, IL, 61755
$ 315,500
ROI
27.6Cash Flow/m
693- 4 Bed
- 4 Bath
- 2194 sft
504 Newcastle Dr, Mackinaw, IL, 61755
$ 309,000
ROI
21.5Cash Flow/m
150- 4 Bed
- 3 Bath
- 2788 sft
746 Heritage Dr, Mackinaw, IL, 61755
$ 140,000
ROI
29.2Cash Flow/m
367- 2 Bed
- 1 Bath
- 1100 sft
104 N White St, Mackinaw, IL, 61755
Why Invest in Mackinaw, Illinois?
Investing in Mackinaw, IL offers a unique opportunity, especially for those looking at single-family homes. With an average rental yield of 6% and a cap rate of 8%, this area presents potential for steady cash flow. The local market is driven by low vacancy rates and a rising demand for rental properties.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for a single-family home in Mackinaw is approximately $1,200 per month, making it an affordable option for families and individuals looking to rent.
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