Single Family Investment Properties for Sale in Melrose Park, IL
Listed for sale 6 days ago
$ 380,000
ROI
22.6
Cash 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
$ 349,900
ROI
25.0Cash Flow/m
513- 3 Bed
- 2 Bath
- - sft
10816 Fletcher Ave, Melrose Park, IL, 60164
Why Invest in Melrose Park, Illinois?
Investing in single-family homes in Melrose Park, IL, offers strong rental yields and a solid appreciation potential. With a median rent of $1,800 and an average cash flow of $300, the market presents an inviting opportunity for investors seeking stable returns. As the area's development continues, now is an ideal time to enter this growing market.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for single-family homes in Melrose Park is around $1,800 per month. This price point makes it an attractive option for renters compared to nearby areas.
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