High Rental Yield Investment Properties for Sale in Neoga, IL
Fix & Flip
$ 100,000
ROI
30.2
Cash Flow/m
290- 2 Bed
- 1 Bath
- 944 sft
470 Elm Ave, Neoga, IL, 62447
$ 445,000
ROI
22.6Cash Flow/m
354- 3 Bed
- 3 Bath
- 1404 sft
7 Prahls Dr, Neoga, IL, 62447
$ 139,900
ROI
20.1Cash Flow/m
14- 2 Bed
- 1 Bath
- 1056 sft
474 W 9th St, Neoga, IL, 62447
$ 139,900
ROI
20.1Cash Flow/m
14- 2 Bed
- 1 Bath
- 1112 sft
1046 Locust Ave, Neoga, IL, 62447
Why Invest in Neoga, Illinois?
Neoga, Illinois, presents an attractive opportunity for investors focusing on high rental yield properties. With a growing rental market, the area's average rental yield stands at a compelling 8%, driven by an influx of new residents and stable job prospects in the region. Investors can expect an average cash flow of $1,200 monthly, paired with an appreciation rate of 3% over the past year.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Neoga, Illinois is currently around 8%, making it an attractive option for investors looking for profitable property opportunities.
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