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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Shannon, IL
$ 125,000
ROI
25.5
Cash Flow/m
199- 3 Bed
- 1 Bath
- 1480 sft
401 S Linn St, Shannon, IL, 61078
$ 113,500
ROI
66.4Cash Flow/m
1472- 4 Bed
- 2 Bath
- 2418 sft
401 S Chestnut St, Shannon, IL, 61078
$ 184,000
ROI
32.7Cash Flow/m
664- 2 Bed
- 3 Bath
- 2321 sft
210 S Ridge St, Shannon, IL, 61078
$ 220,000
ROI
24.2Cash Flow/m
269- 2 Bed
- 2 Bath
- - sft
26131 Straw School Rd, 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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