Single Family Investment Properties for Sale in Milan, IL
$ 217,000
ROI
24.9
Cash Flow/m
310- 4 Bed
- 2 Bath
- 1488 sft
1141 6th St W, Milan, IL, 61264
$ 135,000
ROI
20.4Cash Flow/m
24- 2 Bed
- 1 Bath
- 832 sft
416 4th St E, Milan, IL, 61264
$ 155,000
ROI
22.8Cash Flow/m
131- 2 Bed
- 2 Bath
- 1976 sft
10411 Ridgewood Rd, Milan, IL, 61264
$ 130,000
ROI
22.0Cash Flow/m
80- 2 Bed
- 1 Bath
- 1054 sft
11211 Ridgewood Rd, Milan, IL, 61264
Why Invest in Milan, Illinois?
Investing in single-family homes in Milan, IL, offers a promising opportunity for investors. The area is experiencing a steady rental demand, making it ideal for generating consistent cash flow. With an average rent of $1,200 and an attractive rental yield of 8%, Milan stands out for those looking to maximize their returns.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Milan, IL, is approximately $1,200 per month, making it an attractive rental market.
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