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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Patoka, IL
Listed for sale 2 days ago
$ 139,900
ROI
22.2
Cash Flow/m
96- 2 Bed
- 1 Bath
- 972 sft
101 N Railroad St, Patoka, IL, 62875
$ 150,000
ROI
22.1Cash Flow/m
99- 3 Bed
- 2 Bath
- 1568 sft
407 E Fayette Ave, Patoka, IL, 62875
$ 130,000
ROI
22.0Cash Flow/m
80- 3 Bed
- 1 Bath
- 1170 sft
107 S Washington St, Patoka, IL, 62875
$ 130,000
ROI
21.9Cash Flow/m
77- 3 Bed
- 3 Bath
- 1800 sft
409 N Elm St, Patoka, IL, 62875
Why Invest in Patoka, Illinois?
Investing in Patoka, IL, offers unique opportunities with its affordable real estate market and favorable rental conditions. The average rent in the area is well below national averages, making it a favorable setting for long-term investment. With increasing renter occupancy rates and a stable economy, this location is poised for potential growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$5000/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Patoka is around $950, which is quite affordable compared to many urban markets.
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