High Yield Properties in Summit, IL (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in Summit, IL

Property at 7319 W 58th Pl, Summit, IL
Listed for sale 1 day ago
$ 389,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign212
  • 5 Bed
  • 3 Bath
  • 1800 sft
7319 W 58th Pl, Summit, IL, 60501
Property at (Undisclosed Address), Summit, IL
$ 315,000
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign860
  • 3 Bed
  • 3 Bath
  • 1504 sft
(Undisclosed Address), Summit, IL, 60501
Property at 7634 W 63rd Pl, Summit, IL
Fix & Flip
$ 125,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign87
  • 3 Bed
  • 2 Bath
  • 1100 sft
7634 W 63rd Pl, Summit, IL, 60501
Property at 5404 S 72nd Ct, Summit, IL
$ 249,900
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign127
  • 3 Bed
  • 2 Bath
  • 1136 sft
5404 S 72nd Ct, Summit, IL, 60501

Why Invest in Summit, Illinois?

Investing in Summit, IL presents a unique opportunity for high rental yield properties. With its strategic location near Chicago and average rental yields exceeding 7%, investors can benefit from strong cash flow and a growing rental market. The area's steady appreciation and renter-occupied rate near 95% enhance the potential for lucrative real estate investments.

8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Summit, IL is approximately $1,600, making it a competitive market for both landlords and tenants.

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