Investment Properties for Sale in Sparta, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Sparta, IL

Property at 505 S Saint Louis St, Sparta, IL
$ 349,900
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign165
  • 3 Bed
  • 4 Bath
  • 2829 sft
505 S Saint Louis St, Sparta, IL, 62286
Property at 206 S Dewey St, Sparta, IL
$ 155,000
ROI
30.0ROI percentage
Cash Flow/m
Dollar sign442
  • 3 Bed
  • 2 Bath
  • 1080 sft
206 S Dewey St, Sparta, IL, 62286
Property at 316 N Saint Louis St, Sparta, IL
$ 169,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign258
  • 2 Bed
  • 2 Bath
  • 1310 sft
316 N Saint Louis St, Sparta, IL, 62286
Property at 608 Cypress Ln, Sparta, IL
$ 118,000
ROI
52.0ROI percentage
Cash Flow/m
Dollar sign1060
  • 3 Bed
  • 2 Bath
  • 1851 sft
608 Cypress 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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