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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Roanoke, IL
$ 155,000
ROI
22.5
Cash Flow/m
119- 3 Bed
- 1 Bath
- 1464 sft
207 Spruce Ln, Roanoke, IL, 61561
$ 119,900
ROI
22.7Cash Flow/m
97- 2 Bed
- 1 Bath
- 848 sft
511 W Smith St, Roanoke, IL, 61561
$ 259,000
ROI
30.0Cash Flow/m
737- 3 Bed
- 3 Bath
- 1853 sft
703 W High St, Roanoke, IL, 61561
$ 189,900
ROI
22.6Cash Flow/m
152- 3 Bed
- 2 Bath
- 1596 sft
105 S Main St, Roanoke, IL, 61561
Why Invest in Roanoke, Illinois?
Roanoke, IL offers attractive investment opportunities with high rental yield, making it an ideal choice for savvy investors. With a growing demand for rental properties, the area boasts an average rental yield of 8%, appealing cap rates around 10%, and consistent appreciation rates of 4% annually. Investors can expect stable cash flows and strong occupancy rates, ensuring a solid return on investment.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Roanoke, IL is approximately 8%, making it an attractive location for property investors.
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