High Rental Yield Investment Properties for Sale in Melrose Park, IL
Listed for sale 5 days ago
$ 425,000
ROI
21.2
Cash Flow/m
166- 2 Bed
- 3 Bath
- 1854 sft
1755 Riverwoods Dr, Melrose Park, IL, 60160
Listed for sale 6 days ago
$ 380,000
ROI
22.6Cash Flow/m
304- 3 Bed
- 2 Bath
- 2831 sft
3124 Rhodes Ave, Melrose Park, IL, 60164
$ 340,000
ROI
25.9Cash Flow/m
582- 3 Bed
- 2 Bath
- 1358 sft
(Undisclosed Address), Melrose Park, IL, 60164
Fix & Flip
$ 335,000
ROI
20.7Cash Flow/m
85- 4 Bed
- 3 Bath
- 1297 sft
124 N 11th 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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