High Rental Yield Investment Properties for Sale in Peoria, IL
94- 2 Bed
- 1 Bath
- 800 sft
453- 2 Bed
- 1 Bath
- 919 sft
98- 4 Bed
- 2 Bath
- 1744 sft
126- 3 Bed
- 2 Bath
- 1296 sft
Why Invest in Peoria, Illinois?
Peoria, IL stands out for high rental yield investments, offering some of the top returns for single-family rentals at around 12%. Low entry costs with average home prices near $125,000 pair with solid monthly rents of $1,200+ for strong cash flow. Affordable rents averaging $989-$1,125 remain 39-44% below national levels, attracting steady renter demand. Recent rent growth of 4.8-14% yearly supports reliable income in this stable Midwest market. Investor-friendly dynamics include high renter occupancy and consistent appreciation potential.
Frequently Asked Questions
Peoria offers one of the highest rental yields at around 12.2% for single-family rentals. This stems from low home prices averaging $125,000 and rents near $1,266 monthly. Investors benefit from strong cash-on-cash returns in this affordable market.
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