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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Rankin, IL
$ 139,000
ROI
23.4
Cash Flow/m
141- 4 Bed
- 2 Bath
- 1664 sft
226 S Main St, Rankin, IL, 60960
$ 119,900
ROI
30.1Cash Flow/m
346- 3 Bed
- 1 Bath
- 1645 sft
418 S Main St, Rankin, IL, 60960
or
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21.8Cash Flow/m
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29.3Cash Flow/m
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Why Invest in Rankin, Illinois?
Investing in Rankin, IL, provides a unique opportunity in a tranquil environment with potential for multifamily housing developments. The region shows a strong rental yield and moderate cash flow, making it an attractive consideration for investors looking for sustainable income. Housing dynamics are favorable, with consistent demand likely driven by local employment rates.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Rankin, IL, is approximately $1,500 per month, reflecting the stable housing market in the region.
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