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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Monticello, IL
Listed for sale 3 days ago
$ 374,900
ROI
24.7
Cash Flow/m
516- 5 Bed
- 3 Bath
- 2123 sft
205 Surrey Ct, Monticello, IL, 61856
$ 524,900
ROI
20.9Cash Flow/m
121- 5 Bed
- 4 Bath
- 2192 sft
606 Weldon Springs Rd, Monticello, IL, 61856
$ 295,000
ROI
26.7Cash Flow/m
570- 4 Bed
- 2 Bath
- 2838 sft
718 N Charter St, Monticello, IL, 61856
$ 469,900
ROI
24.5Cash Flow/m
615- 4 Bed
- 3 Bath
- 3438 sft
1171 Gloria Ct, Monticello, IL, 61856
Why Invest in Monticello, Illinois?
Monticello, IL, presents an excellent opportunity for investors seeking high rental yield properties. With a steady demand for rental housing and favorable market conditions, investors can expect solid returns. The rental market here boasts competitive rental rates and a promising appreciation rate.
12%
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 rental yield in Monticello, IL, is approximately 8%. This statistic reflects the healthy demand for rental properties in the area.
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