Single Family Investment Properties for Sale in Shannon, IL
$ 160,000
ROI
24.5
Cash Flow/m
211- 3 Bed
- 1 Bath
- 1474 sft
217 S Walnut St, Shannon, IL, 61078
$ 165,000
ROI
24.8Cash Flow/m
231- 3 Bed
- 1 Bath
- 1422 sft
218 S Chestnut St, Shannon, IL, 61078
$ 195,000
ROI
26.9Cash Flow/m
385- 3 Bed
- 3 Bath
- 2216 sft
617 S Linn St, Shannon, IL, 61078
$ 198,000
ROI
21.2Cash Flow/m
81- 4 Bed
- 2 Bath
- 2450 sft
101 S Hickory St, Shannon, IL, 61078
Why Invest in Shannon, Illinois?
Investing in Shannon, IL, offers a compelling single-family home market characterized by stability and growth potential. With average rental yields around 6% and a solid cap rate of 7.5%, it attracts both new and seasoned investors. The community's low vacancy rates further enhance the attractiveness for rental properties, especially single-family homes.
10%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for a single-family home in Shannon, IL, is approximately $1,400 per month. This aligns with the local market trends and rental yield expectations.
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