Investment Properties for Sale in Sparta, IL
$ 239,900
ROI
24.5
Cash Flow/m
320- 4 Bed
- 3 Bath
- 1600 sft
304 Edna Ln, Sparta, IL, 62286
$ 129,900
ROI
27.3Cash Flow/m
273- 2 Bed
- 1 Bath
- 1054 sft
712 N James St, Sparta, IL, 62286
Fix & Flip
$ 113,000
ROI
23.1Cash Flow/m
104- 2 Bed
- 2 Bath
- - sft
415 N Market St, Sparta, IL, 62286
Fix & Flip
$ 135,000
ROI
21.9Cash Flow/m
81- 2 Bed
- 1 Bath
- 1022 sft
105 Debra Ln, Sparta, IL, 62286
Why Invest in Sparta, Illinois?
Investing in Sparta, IL offers a unique opportunity, especially for those looking at under $200k properties. With a strong average rental yield and consistent appreciation rates, Sparta is emerging as a promising market. Investors can benefit from a favorable cap rate and positive cash flow opportunities in this community.
8%
Avg. ROI
7.5%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Sparta, IL is around $950, making it an affordable option for renters. This competitive pricing contributes to a healthy rental market.
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