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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Melrose Park, IL
Listed for sale 1 day ago
$ 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
$ 244,999
ROI
25.5Cash Flow/m
393- 3 Bed
- 2 Bath
- 5940 sft
1543 N 32nd Ave, Melrose Park, IL, 60160
Fix & Flip
$ 339,000
ROI
28.2Cash Flow/m
797- 3 Bed
- 2 Bath
- 1088 sft
1734 N 22nd Ave, Melrose Park, IL, 60160
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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