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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
Listed for sale 1 day ago
$ 114,990
ROI
22.7
Cash Flow/m
93- 2 Bed
- 1 Bath
- 732 sft
706 N State St, Roanoke, IL, 61561
Listed for sale 6 days ago
$ 265,000
ROI
29.3Cash Flow/m
704- 4 Bed
- 3 Bath
- 3075 sft
901 N Easy St, Roanoke, IL, 61561
$ 199,000
ROI
23.6Cash Flow/m
212- 6 Bed
- 3 Bath
- 2045 sft
107 W Ann St, Roanoke, IL, 61561
$ 114,810
ROI
55.1Cash Flow/m
1131- 4 Bed
- 2 Bath
- 2532 sft
1295 County Road 1600 E, 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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