Multi Family Investment Properties for Sale in Rock Island, IL
$ 159,900
ROI
25.8
Cash Flow/m
270- 4 Bed
- 2 Bath
- - sft
1617 29 1/2 St, Rock Island, IL, 61201
$ 114,900
ROI
22.3Cash Flow/m
81- 4 Bed
- 3 Bath
- - sft
1844 23rd St, Rock Island, IL, 61201
$ 115,000
ROI
31.2Cash Flow/m
366- 4 Bed
- 2 Bath
- - sft
2526 23rd Ave, Rock Island, IL, 61201
Currently Rented
Rental Income
$ 194,900
ROI
22.5Cash Flow/m
148- 8 Bed
- 4 Bath
- - sft
1916 24th St, Rock Island, IL, 61201
Why Invest in Rock Island, Illinois?
Investing in multi-family properties in Rock Island, IL, presents a unique opportunity for investors looking for solid returns. The current rental market shows promising signs, with an average rental yield of 8% and a strong renter-occupied rate of 90%. This city also benefits from stable appreciation rates, making it an ideal location for long-term investments.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Rock Island is approximately $850 per month, making it an affordable option for many tenants.
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