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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Marion, IL
Currently Rented
Rental Income
Listed for sale today
$ 195,000
ROI
20.3
Cash Flow/m
29- 3 Bed
- 2 Bath
- 4056 sft
1106 W Hendrickson St, Marion, IL, 62959
Currently Rented
Rental Income
$ 165,000
ROI
33.7Cash Flow/m
639- 4 Bed
- 2 Bath
- 1592 sft
1304 N Fair St, Marion, IL, 62959
$ 225,000
ROI
21.5Cash Flow/m
108- 2 Bed
- 2 Bath
- 1656 sft
3206 Cherokee Dr, Marion, IL, 62959
$ 175,000
ROI
22.5Cash Flow/m
135- 4 Bed
- 2 Bath
- - sft
1411 & 1413 W Hendrickson St, Marion, IL, 62959
Why Invest in Marion, Illinois?
Investing in multi-family properties in Marion, IL offers a great opportunity for real estate investors looking for stable returns. With a growing rental market and an average cap rate of 7%, this area provides solid prospects for cash flow. Marion's rental yield and appreciation metrics further enhance its appeal for long-term investment strategies.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Marion, IL is approximately $1500 per month, making it a competitive market for renters.
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