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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Macomb, IL
Listed for sale 3 days ago
$ 179,900
ROI
23.3
Cash Flow/m
178- 3 Bed
- 3 Bath
- 2252 sft
1324 E Thomas St, Macomb, IL, 61455
Listed for sale 4 days ago
$ 130,000
ROI
27.6Cash Flow/m
285- 2 Bed
- 1 Bath
- 1862 sft
741 Bobby Ave, Macomb, IL, 61455
Listed for sale 7 days ago
$ 149,000
ROI
30.1Cash Flow/m
428- 3 Bed
- 2 Bath
- 2150 sft
15765 N 1300th Rd, Macomb, IL, 61455
$ 179,900
ROI
22.2Cash Flow/m
123- 4 Bed
- 2 Bath
- 1554 sft
834 E Franklin St, Macomb, IL, 61455
Why Invest in Macomb, Illinois?
Investing in Macomb, IL presents a unique opportunity, especially for those considering multi-family properties. With a growing rental market, investors can benefit from an average rent of around $1,200 and a strong rental yield of 7%. The area's appreciation rate is steady at 3% annually, making it an attractive location for long-term investment.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Macomb, IL is approximately $1,200 per month. This rent reflects the growing demand for rental properties in the area, particularly around educational institutions.
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