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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 2 days ago
$ 449,000
ROI
23.6
Cash Flow/m
480- 3 Bed
- 4 Bath
- 1918 sft
1531 N 9th Ave, Melrose Park, IL, 60160
Motivated Seller
Listed for sale 2 days ago
$ 275,000
ROI
23.1Cash Flow/m
253- 2 Bed
- 1 Bath
- 785 sft
2713 Landen Dr, Melrose Park, IL, 60164
Listed for sale 3 days ago
$ 285,000
ROI
22.1Cash Flow/m
183- 2 Bed
- 2 Bath
- 1152 sft
3131 N Prater Ave, Melrose Park, IL, 60164
Listed for sale 6 days ago
$ 305,000
ROI
29.5Cash Flow/m
824- 3 Bed
- 2 Bath
- - sft
3121 N Wolf Rd, 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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