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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Macomb, IL
Listed for sale 1 day ago
$ 119,900
ROI
23.7
Cash Flow/m
131- 3 Bed
- 2 Bath
- 1376 sft
309 E Franklin St, Macomb, IL, 61455
Currently Rented
Listed for sale 4 days ago
$ 150,000
ROI
26.5Cash Flow/m
280- 6 Bed
- 4 Bath
- 1872 sft
602 N Charles St #2, Macomb, IL, 61455
Listed for sale 7 days ago
$ 115,000
ROI
22.5Cash Flow/m
86- 3 Bed
- 2 Bath
- 1217 sft
126 Penny Ln, Macomb, IL, 61455
Listed for sale 7 days ago
$ 149,900
ROI
21.9Cash Flow/m
89- 5 Bed
- 2 Bath
- 2213 sft
440 N Campbell St, Macomb, IL, 61455
Why Invest in Macomb, Illinois?
Investing in Macomb, IL, offers a great opportunity for those looking for high rental yield properties. With an impressive rental yield of approximately 9.5%, it's a prime location for generating cash flow. The average rent stands at $950, making it an appealing choice for renters. The area boasts a strong appreciation rate and an increasing number of renter-occupied homes.
12%
Avg. ROI
9.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Macomb offers high rental yields and stable property appreciation, making it a great choice for investors. The presence of a university ensures a consistent demand for rental properties.
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