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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

$ 265,000
ROI
25.4
Cash Flow/m
417- 3 Bed
- 2 Bath
- 1620 sft
5004 116th Ave, Milan, IL, 61264

$ 165,000
ROI
23.1
Cash Flow/m
154- 3 Bed
- 1 Bath
- 1131 sft
214 8th St E, Milan, IL, 61264

$ 284,900
ROI
27.3
Cash Flow/m
599- 4 Bed
- 3 Bath
- 1920 sft
11622 27th St W, Milan, IL, 61264

$ 275,000
ROI
26.1
Cash Flow/m
484- 3 Bed
- 2 Bath
- 2491 sft
705 13th St 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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