Under $500K Investment Properties for Sale in Rochelle, IL
Listed for sale 2 days ago
$ 354,500
ROI
24.1
Cash Flow/m
430- 4 Bed
- 3 Bath
- 3156 sft
216 E McConaughy Ave, Rochelle, IL, 61068
Listed for sale 5 days ago
$ 234,000
ROI
25.9Cash Flow/m
399- 3 Bed
- 2 Bath
- 1260 sft
210 S 10th St, Rochelle, IL, 61068
$ 149,999
ROI
23.6Cash Flow/m
160- 2 Bed
- 1 Bath
- 760 sft
109 S 9th St, Rochelle, IL, 61068
$ 192,900
ROI
23.7Cash Flow/m
213- 3 Bed
- 1 Bath
- 1144 sft
355 Irene Ave, Rochelle, IL, 61068
Why Invest in Rochelle, Illinois?
Investing in Rochelle, IL presents a prime opportunity for entry-level buyers seeking properties under $500k. The area offers a stable rental market with an average rent around $1,200, attracting a significant number of renters and resulting in a notable rental yield. With homes appreciating steadily, Rochelle is becoming a notable destination for real estate investment.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Rochelle, IL is approximately $1,200 per month, making it an affordable option for many renters.
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