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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 today
$ 319,900
ROI
21.3
Cash Flow/m
138- 3 Bed
- 2 Bath
- 2300 sft
1310 N 20th Ave, Melrose Park, IL, 60160
Listed for sale 1 day ago
$ 349,900
ROI
25.0Cash Flow/m
513- 3 Bed
- 3 Bath
- 2309 sft
205 E Grand Ave, Melrose Park, IL, 60164
Fix & Flip
Listed for sale 3 days ago
$ 250,000
ROI
34.9Cash Flow/m
1055- 6 Bed
- 2 Bath
- - sft
1513 N 32nd Ave, Melrose Park, IL, 60160
$ 244,999
ROI
25.5Cash Flow/m
393- 3 Bed
- 2 Bath
- 5940 sft
1543 N 32nd Ave, Melrose Park, IL, 60160
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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