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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
$ 135,000
ROI
21.9
Cash 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
Fix & Flip
$ 174,900
ROI
22.4Cash Flow/m
129- 3 Bed
- 2 Bath
- 2428 sft
901 N Theodore 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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