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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
22.7
Cash Flow/m
97- 2 Bed
- 1 Bath
- 848 sft
511 W Smith St, Roanoke, IL, 61561

$ 259,000
ROI
30.0
Cash Flow/m
737- 3 Bed
- 3 Bath
- 1853 sft
703 W High St, Roanoke, IL, 61561

$ 189,900
ROI
22.6
Cash Flow/m
152- 3 Bed
- 2 Bath
- 1596 sft
105 S Main St, Roanoke, IL, 61561
Why Invest in Roanoke, Illinois?
Investing in single-family homes in Roanoke, IL offers a unique opportunity. With a stable rental market and a favorable average cash flow, investors can expect good returns. The area supports a growing workforce, making it appealing for long-term investment strategies.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for single-family homes in Roanoke is around $900 per month. This competitive pricing makes it an attractive option for both renters and investors.
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