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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Makanda, IL
Listed for sale 2 days ago
$ 139,000
ROI
28.4
Cash Flow/m
335- 2 Bed
- 2 Bath
- - sft
42 Butler Ln, Makanda, IL, 62958
$ 112,500
ROI
22.0Cash Flow/m
70- 3 Bed
- 2 Bath
- 1680 sft
1378 Skelcher Blvd, Makanda, IL, 62958
$ 225,000
ROI
24.2Cash Flow/m
279- 3 Bed
- 2 Bath
- 2108 sft
378 Contentment Rd, Makanda, IL, 62958
$ 267,500
ROI
20.1Cash Flow/m
29- 4 Bed
- 3 Bath
- 2352 sft
159 Cashen Dr, Makanda, IL, 62958
Why Invest in Makanda, Illinois?
Investing in Makanda, IL offers an opportunity to tap into a high ROI market, particularly for rental properties. With average rental yields around 7%, it's an attractive option for investors looking for strong cash flow. The town is experiencing steady appreciation, making it a promising choice for long-term investment strategies.
8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Makanda's rental market is growing, with a rental yield of approximately 7%. Investors can expect steady demand due to an increasing population and strong local employment opportunities.
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