Investment Properties Under $500K in Melrose Park, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Melrose Park, IL

Property at 10515 Altgeld St, Melrose Park, IL
Listed for sale 3 days ago
$ 275,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign253
  • 1 Bed
  • 2 Bath
  • 1440 sft
10515 Altgeld St, Melrose Park, IL, 60164
Property at 125 N 22nd Ave, Melrose Park, IL
$ 369,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign310
  • 4 Bed
  • 2 Bath
  • - sft
125 N 22nd Ave, Melrose Park, IL, 60160
Property at 10526 Altgeld St, Melrose Park, IL
$ 375,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign736
  • 3 Bed
  • 3 Bath
  • 1500 sft
10526 Altgeld St, Melrose Park, IL, 60164
Property at 1205 Winston Dr, Melrose Park, IL
$ 449,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign682
  • 3 Bed
  • 3 Bath
  • 2218 sft
1205 Winston Dr, Melrose Park, IL, 60160

Why Invest in Melrose Park, Illinois?

Investing in Melrose Park presents a unique opportunity to acquire properties under $500k in a growing market. With a robust rental yield and steady appreciation rates, Melrose Park is becoming increasingly attractive to investors looking for affordable yet profitable opportunities. The area boasts a vibrant community and is strategically located near major highways, enhancing its appeal for renters.

8.5%
Avg. ROI
6%
Rental Yield
7.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

The average rental price in Melrose Park is approximately $1,500 per month. Prices can vary based on location and property type.

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