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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 2 days ago
$ 172,500
ROI
26.0
Cash Flow/m
301- 3 Bed
- 1 Bath
- 975 sft
301 30th Ave W, Milan, IL, 61264
Listed for sale 3 days ago
$ 155,000
ROI
21.8Cash Flow/m
90- 3 Bed
- 1 Bath
- 1000 sft
317 17th St E, Milan, IL, 61264
Listed for sale 6 days ago
$ 244,000
ROI
21.7Cash Flow/m
132- 3 Bed
- 1 Bath
- 1314 sft
11802 9th St, Milan, IL, 61264
Listed for sale 7 days ago
$ 289,000
ROI
26.2Cash Flow/m
515- 4 Bed
- 2 Bath
- 1234 sft
11621 25th 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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