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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Melrose Park, IL
Listed for sale 1 day ago
$ 154,900
ROI
22.9
Cash Flow/m
134- 2 Bed
- 2 Bath
- 1280 sft
1416 N 36th Ave, Melrose Park, IL, 60160
$ 269,000
ROI
20.7Cash Flow/m
69- 3 Bed
- 2 Bath
- 1800 sft
1400 Le Moyne Ct, Melrose Park, IL, 60160
$ 289,900
ROI
19.8Cash Flow/m
1- 3 Bed
- 3 Bath
- 1197 sft
2701 Lee St, Melrose Park, IL, 60164
$ 370,000
ROI
23.4Cash Flow/m
374- 3 Bed
- 2 Bath
- 1400 sft
916 N Roberta Ave, Melrose Park, IL, 60164
Why Invest in Melrose Park, Illinois?
Melrose Park, IL offers strong investment opportunities particularly for those seeking high rental yields. The area is historically known for its solid rental demand, bolstered by a diverse economic base. Investors can expect competitive metrics including favorable cap rates and appreciation potential as the suburban market continues to develop.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Melrose Park is approximately $1,500 per month, making it accessible for many renters.
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