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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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?
Investing in Milan, IL, especially in properties under $500K, offers excellent opportunities for growth. The area's real estate market shows promising metrics, including a steady appreciation rate and affordable rental options compared to larger cities. With an average rental yield of 6% and good cash flow potential, it's a prime location for both new and seasoned investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Milan, IL, is currently around $1,200 per month. This figure can vary depending on the property type and location within the city.
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