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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Richmond, IL
$ 225,000
ROI
21.9
Cash Flow/m
131- 2 Bed
- 1 Bath
- 594 sft
10109 Covell St, Richmond, IL, 60071
$ 435,000
ROI
24.2Cash Flow/m
536- 3 Bed
- 4 Bath
- 2600 sft
5406 W Valley Dr, Richmond, IL, 60071
$ 395,000
ROI
24.6Cash Flow/m
533- 3 Bed
- 2 Bath
- 2682 sft
10709 Mallard Ln, Richmond, IL, 60071
$ 447,900
ROI
25.0Cash Flow/m
659- 2 Bed
- 2 Bath
- 1933 sft
Lincoln Ranch Plan, Sunset Ridge, Richmond, IL, 60071
Why Invest in Richmond, Illinois?
Investing in Richmond, IL, offers unique opportunities, especially for multifamily properties. The local rental market is growing steadily with an average rental yield of 6%, providing competitive cash flow potential for investors. With a strong community and an increasing demand for housing, now is the time to consider Richmond as a viable investment option.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond, IL is approximately $1,500 per month, making it an attractive option for both renters and investors.
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