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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Sparta, IL
Fix & Flip
$ 113,000
ROI
23.1
Cash 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
$ 195,000
ROI
27.1Cash Flow/m
398- 2 Bed
- 2 Bath
- 1918 sft
205 Marlynn Ct, Sparta, IL, 62286
$ 240,000
ROI
21.4Cash Flow/m
108- 3 Bed
- 2 Bath
- 1680 sft
628 Cypress Ln, Sparta, IL, 62286
Why Invest in Sparta, Illinois?
Investing in single-family homes in Sparta, Illinois, presents a compelling opportunity for those looking to enter the real estate market. With an average rental yield of 7% and a cap rate of 6%, investors can expect solid returns. The area's stability and growing demand for rental properties contribute to a favorable environment for long-term investment.
12%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Sparta, IL, is approximately 7%, which is quite competitive compared to national averages. This makes it an attractive option for investors seeking good returns.
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