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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
Listed for sale 4 days ago
$ 254,900
ROI
26.6
Cash Flow/m
483- 3 Bed
- 2 Bath
- 2070 sft
206 N Pine St, Momence, IL, 60954
Listed for sale 6 days ago
$ 131,000
ROI
21.0Cash Flow/m
46- 2 Bed
- 1 Bath
- 960 sft
15799 E Channel Ln, Momence, IL, 60954
$ 234,900
ROI
22.1Cash Flow/m
153- 3 Bed
- 2 Bath
- 1357 sft
48 N Market St, Momence, IL, 60954
$ 149,900
ROI
23.5Cash Flow/m
155- 2 Bed
- 1 Bath
- 1500 sft
1408 N State Route 1 #17, 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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