Single Family Investment Properties for Sale in Richmond, IL
$ 515,000
ROI
22.5
Cash Flow/m
347- 4 Bed
- 3 Bath
- 2522 sft
9617 Hideaway Ln, Richmond, IL, 60071
$ 394,900
ROI
28.8Cash Flow/m
998- 4 Bed
- 4 Bath
- 1824 sft
4210 W Solon Rd, Richmond, IL, 60071
$ 315,000
ROI
26.7Cash Flow/m
610- 3 Bed
- 2 Bath
- 1354 sft
10004 NW Circle Dr, Richmond, IL, 60071
$ 375,000
ROI
19.9Cash Flow/m
16- 3 Bed
- 2 Bath
- 1288 sft
10218 McConnell St, 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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