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 1531 N 9th Ave, Melrose Park, IL
Listed for sale 1 day ago
$ 449,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign480
  • 3 Bed
  • 4 Bath
  • 1918 sft
1531 N 9th Ave, Melrose Park, IL, 60160
Property at 2713 Landen Dr, Melrose Park, IL
Motivated Seller
Listed for sale 1 day ago
$ 275,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign253
  • 2 Bed
  • 1 Bath
  • 785 sft
2713 Landen Dr, Melrose Park, IL, 60164
Property at 3131 N Prater Ave, Melrose Park, IL
Listed for sale 2 days ago
$ 285,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign183
  • 2 Bed
  • 2 Bath
  • 1152 sft
3131 N Prater Ave, Melrose Park, IL, 60164
Property at 3121 N Wolf Rd, Melrose Park, IL
Listed for sale 5 days ago
$ 305,000
ROI
29.5ROI percentage
Cash Flow/m
Dollar sign824
  • 3 Bed
  • 2 Bath
  • - sft
3121 N Wolf Rd, 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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