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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Richmond, IL

$ 375,000
ROI
19.9
Cash Flow/m
16- 3 Bed
- 2 Bath
- 1288 sft
10218 McConnell St, Richmond, IL, 60071

$ 265,000
ROI
20.6
Cash Flow/m
63- 4 Bed
- 2 Bath
- 1550 sft
5510 George St, Richmond, IL, 60071

$ 395,000
ROI
24.6
Cash Flow/m
533- 3 Bed
- 2 Bath
- 2682 sft
10709 Mallard Ln, Richmond, IL, 60071

$ 373,900
ROI
22.1
Cash Flow/m
248- 2 Bed
- 2 Bath
- 1350 sft
McMahon Ranch Plan, Sunset Ridge, Richmond, IL, 60071
Why Invest in Richmond, Illinois?
Investing in single-family homes in Richmond, IL presents a compelling opportunity for smart investors. With average rents around $1,500 and a rental yield of approximately 7%, this area promises steady income potential. The region boasts a cap rate of 8% and has shown consistent appreciation, making it an attractive market for long-term investment strategies.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Richmond, IL is approximately 7%, making it an appealing market for investors looking for rental income.
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