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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Makanda, IL

$ 225,000
ROI
24.2
Cash Flow/m
279- 3 Bed
- 2 Bath
- 2108 sft
378 Contentment Rd, Makanda, IL, 62958

$ 267,500
ROI
20.1
Cash Flow/m
29- 4 Bed
- 3 Bath
- 2352 sft
159 Cashen Dr, Makanda, IL, 62958

Rental Income
$ 119,900
ROI
23.4
Cash Flow/m
120- 3 Bed
- 2 Bath
- 1200 sft
118 Water Tower Dr, Makanda, IL, 62958

$ 139,000
ROI
23.3
Cash Flow/m
136- 2 Bed
- 2 Bath
- 1403 sft
1720 Camp Cedar Point Ln, Makanda, IL, 62958
Why Invest in Makanda, Illinois?
Investing in Makanda, IL offers promising opportunities for those looking to capitalize on affordable real estate options. The rental market here features properties that yield attractive returns, with potential for consistent cash flow.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Makanda is approximately $900 per month, which is competitive for the region. This affordable rate is attracting both families and students.
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