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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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?
Investing in Roanoke, IL, particularly in high ROI properties, presents an attractive opportunity for savvy investors. With a robust rental yield of approximately 7% and a cap rate of 8%, the area's real estate market is poised for growth. Rental rates are steadily increasing, making it an opportune time to consider investments here.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Roanoke, IL, is approximately $850 per month, which has been steadily increasing due to high rental demand.
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