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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Momence, IL
Currently Rented
Rental Income
$ 135,000
ROI
22.2
Cash Flow/m
91- 3 Bed
- 2 Bath
- 1300 sft
305 W 2nd St, Momence, IL, 60954
$ 293,214
ROI
29.1Cash Flow/m
766- 4 Bed
- 3 Bath
- 2880 sft
203 N Maple St, Momence, IL, 60954
$ 249,999
ROI
29.5Cash Flow/m
677- 3 Bed
- 2 Bath
- 1920 sft
208 Sycamore Ln, Momence, IL, 60954
$ 230,000
ROI
30.2Cash Flow/m
665- 4 Bed
- 2 Bath
- 1728 sft
212 N Pine St, Momence, IL, 60954
Why Invest in Momence, Illinois?
Investing in single-family homes in Momence, IL provides a promising opportunity for real estate investors. With an average rental yield of 7% and a cap rate of 5.5%, this market attracts renters seeking affordable housing. The area's appreciation rate stands at 4%, indicating a stable investment environment.
8%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a single-family home in Momence, IL is approximately $1,200 per month, making it an affordable option for many renters.
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