High Yield Properties in Melrose Park, IL (8%+ Yield) | Ziffy.ai
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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

Property at 10515 Altgeld St, Melrose Park, IL
Listed for sale 3 days ago
$ 275,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign253
  • 1 Bed
  • 2 Bath
  • 1440 sft
10515 Altgeld St, Melrose Park, IL, 60164
Property at 125 N 22nd Ave, Melrose Park, IL
$ 369,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign310
  • 4 Bed
  • 2 Bath
  • - sft
125 N 22nd Ave, Melrose Park, IL, 60160
Property at 10526 Altgeld St, Melrose Park, IL
$ 375,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign736
  • 3 Bed
  • 3 Bath
  • 1500 sft
10526 Altgeld St, Melrose Park, IL, 60164
Property at 1205 Winston Dr, Melrose Park, IL
$ 449,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign682
  • 3 Bed
  • 3 Bath
  • 2218 sft
1205 Winston Dr, 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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