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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Milan, IL

Listed for sale 7 days ago
$ 180,000
ROI
27.3
Cash Flow/m
377- 3 Bed
- 1 Bath
- 1092 sft
1237 Hilltop Dr, Milan, IL, 61264

$ 250,000
ROI
19.8
Cash Flow/m
4- 3 Bed
- 2 Bath
- 1244 sft
1225 3rd St W, Milan, IL, 61264

$ 169,900
ROI
27.9
Cash Flow/m
386- 3 Bed
- 1 Bath
- 903 sft
526 29th Ave W, Milan, IL, 61264

$ 190,000
ROI
21.4
Cash Flow/m
87- 3 Bed
- 2 Bath
- 1248 sft
11417 15th Street Ct, Milan, IL, 61264
Why Invest in Milan, Illinois?
Milan, IL, offers attractive rental opportunities, especially for investors seeking high rental yield properties. The area has a strong demand for rentals, with a rental yield projected at 8% and consistent cash flow that appeals to investors looking to maximize returns. With a renter-occupied rate of nearly 70%, the market is vibrant, making it an ideal place for investment.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Milan, IL, is approximately $1,200 per month, making it an attractive option for potential tenants and investors alike.
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