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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Park Ridge, IL
Listed for sale 1 day ago
$ 385,000
ROI
20.2
Cash Flow/m
48- 3 Bed
- 2 Bath
- 1400 sft
2400 W Talcott Rd APT 223, Park Ridge, IL, 60068
$ 570,000
ROI
25.5Cash Flow/m
846- 4 Bed
- 2 Bath
- 2025 sft
36 E Touhy Ave, PARK RIDGE, IL, 60068
Fix & Flip
Listed for sale 6 days ago
$ 369,900
ROI
22.8Cash Flow/m
314- 2 Bed
- 1 Bath
- 1155 sft
1705 S Ashland Ave, Park Ridge, IL, 60068
$ 689,900
ROI
20.1Cash Flow/m
15- 4 Bed
- 3 Bath
- 1096 sft
1508 Potter Rd, Park Ridge, IL, 60068
Why Invest in Park Ridge, Illinois?
Investing in Park Ridge, IL, offers attractive rental yield opportunities, especially for properties targeting high-demand demographics. With a growing job market and a median rental income of around $2,000, investors can enjoy an average cash flow of $400 monthly, and a solid rental yield of 7%. Investors should also be aware of the area's appreciation trends, with home values having increased by approximately 4% over the past year.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for homes in Park Ridge is approximately $2,000 per month, reflecting the area's desirability and demand.
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