Investment Properties for Sale in Roanoke, IL
$ 265,900
ROI
23.0
Cash Flow/m
239- 3 Bed
- 2 Bath
- 1910 sft
204 W Joseph St, Roanoke, IL, 61561
$ 135,000
ROI
21.9Cash Flow/m
79- 2 Bed
- 1 Bath
- 1000 sft
612 N Franklin St, Roanoke, IL, 61561
$ 159,900
ROI
26.1Cash Flow/m
283- 2 Bed
- 1 Bath
- 971 sft
606 N Main St, Roanoke, IL, 61561
$ 142,900
ROI
23.1Cash Flow/m
132- 3 Bed
- 1 Bath
- 1185 sft
512 N Jefferson St, Roanoke, IL, 61561
Why Invest in Roanoke, Illinois?
Investing in Roanoke, IL offers unique opportunities in a small yet vibrant community. With a rental market that boasts competitive rates and a cap rate averaging around 7%, it is an attractive option for savvy investors looking for steady cash flow. The average rent in the area is approximately $1,000, making it an appealing choice for renters and landlords alike.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Roanoke is approximately $1,000 per month, making it competitive for renters in the area.
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