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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Savoy, IL
Listed for sale today
$ 268,000
ROI
26.3
Cash Flow/m
489- 3 Bed
- 3 Bath
- 1593 sft
1404 Quail Run Dr #0, Savoy, IL, 61874
$ 239,900
ROI
29.7Cash Flow/m
666- 3 Bed
- 2 Bath
- 1368 sft
709 Sunflower St #B, Savoy, IL, 61874
$ 345,900
ROI
27.1Cash Flow/m
704- 4 Bed
- 3 Bath
- 2037 sft
505 E Tomaras Ave, Savoy, IL, 61874
$ 485,000
ROI
19.8Cash Flow/m
11- 4 Bed
- 4 Bath
- 1963 sft
305 Newhaven Ln, Savoy, IL, 61874
Why Invest in Savoy, Illinois?
Savoy, IL presents unique opportunities for investors, especially in multi-family properties. With reasonable rental yields and a steady appreciation rate, it's an appealing market for those looking to enhance their portfolio. This area has been experiencing steady employment growth alongside an influx of renters, making it a solid choice for investment.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Savoy is around $1,200 per month, reflecting the stable demand for rental properties in the area.
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