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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
$ 224,900
ROI
20.6
Cash Flow/m
50- 5 Bed
- 2 Bath
- 1532 sft
991 Heritage Dr, Mackinaw, IL, 61755
$ 145,000
ROI
25.2Cash Flow/m
221- 2 Bed
- 1 Bath
- 1560 sft
205 N Orchard St, Mackinaw, IL, 61755
$ 310,000
ROI
24.5Cash Flow/m
406- 4 Bed
- 3 Bath
- 3216 sft
333 Heritage Dr, Mackinaw, IL, 61755
$ 199,900
ROI
24.0Cash Flow/m
235- 4 Bed
- 2 Bath
- 2064 sft
12 Redford Rd, 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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