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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
$ 154,900
ROI
22.9
Cash Flow/m
134- 2 Bed
- 2 Bath
- 1280 sft
1416 N 36th Ave, Melrose Park, IL, 60160
$ 289,900
ROI
19.8Cash Flow/m
1- 3 Bed
- 3 Bath
- 1197 sft
2701 Lee St, Melrose Park, IL, 60164
$ 370,000
ROI
23.4Cash Flow/m
374- 3 Bed
- 2 Bath
- 1400 sft
916 N Roberta Ave, Melrose Park, IL, 60164
$ 324,900
ROI
23.1Cash Flow/m
305- 3 Bed
- 2 Bath
- 2436 sft
1313 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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