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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
$ 349,900
ROI
21.5
Cash Flow/m
165- 3 Bed
- 4 Bath
- 2829 sft
505 S Saint Louis St, Sparta, IL, 62286
$ 155,000
ROI
30.0Cash Flow/m
442- 3 Bed
- 2 Bath
- 1080 sft
206 S Dewey St, Sparta, IL, 62286
$ 169,900
ROI
25.2Cash Flow/m
258- 2 Bed
- 2 Bath
- 1310 sft
316 N Saint Louis St, Sparta, IL, 62286
$ 118,000
ROI
52.0Cash Flow/m
1060- 3 Bed
- 2 Bath
- 1851 sft
608 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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