Single Family Investment Properties for Sale in Marion, IL
Listed for sale 1 day ago
$ 245,000
ROI
22.1
Cash Flow/m
161- 4 Bed
- 2 Bath
- 1884 sft
902 Cedar Ln, Marion, IL, 62959
$ 150,000
ROI
22.9Cash Flow/m
131- 5 Bed
- 3 Bath
- 2600 sft
208 W College St, MARION, IL, 62959
Listed for sale 2 days ago
$ 149,900
ROI
25.6Cash Flow/m
244- 2 Bed
- 1 Bath
- 912 sft
1703 W Hendrickson St, Marion, IL, 62959
$ 199,999
ROI
29.9Cash Flow/m
562- 6 Bed
- 3 Bath
- 1976 sft
910 Fairlane Dr, MARION, IL, 62959
Why Invest in Marion, Illinois?
Investing in single-family homes in Marion, IL offers promising potential for real estate investors. With an average cash flow of $2,500 and a cap rate of 8%, the market is favorable for both rental income and property appreciation. Additionally, the area is experiencing a steady rental yield of 6%, which can be beneficial for long-term investment strategies.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$2500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Marion, IL is approximately $1,200 per month, making it an affordable option for renters.
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