High Rental Yield Investment Properties for Sale in Manhattan, IL
Listed for sale 1 day ago
$ 699,900
ROI
21.9
Cash Flow/m
346- 5 Bed
- 3 Bath
- 3300 sft
14021 W John St, Manhattan, IL, 60442
Listed for sale 2 days ago
$ 350,000
ROI
26.3Cash Flow/m
632- 3 Bed
- 1 Bath
- 1520 sft
190 W North St, Manhattan, IL, 60442
Listed for sale 2 days ago
$ 349,000
ROI
26.2Cash Flow/m
622- 3 Bed
- 3 Bath
- 2550 sft
25426 S Barrow Rd, Manhattan, IL, 60442
Listed for sale 3 days ago
$ 424,990
ROI
20.7Cash Flow/m
112- 2 Bed
- 2 Bath
- 1700 sft
Tamarack Plan, Prairie Trails, Manhattan, IL, 60442
Why Invest in Manhattan, Illinois?
Investing in Manhattan, IL offers attractive rental yields for property investors interested in high returns. With a rental yield of around 6% and an average cash flow of $300 per month, it is an ideal market for effective real estate investing. The area enjoys a robust job market and a stable appreciation rate, making it a desirable place for renters and investors alike.
15%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Manhattan, IL is approximately $1,300 per month, providing a good opportunity for recovery and growth in rental income.
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