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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 today
$ 127,000
ROI
30.3
Cash Flow/m
371- 2 Bed
- 1 Bath
- 725 sft
1710 114th Ave, Milan, IL, 61264
$ 110,000
ROI
23.0Cash Flow/m
100- 2 Bed
- 1 Bath
- 750 sft
810 12th St W, Milan, IL, 61264
Fix & Flip
$ 185,000
ROI
23.2Cash Flow/m
179- 4 Bed
- 2 Bath
- 2036 sft
10121 Ridgewood Rd, Milan, IL, 61264
$ 160,000
ROI
30.8Cash Flow/m
491- 3 Bed
- 1 Bath
- 936 sft
301 30th Ave W, 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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