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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Herod, IL
Airbnb Potential
$ 149,000
ROI
27.9
Cash Flow/m
338- 2 Bed
- 2 Bath
- 1302 sft
280 Henry Hicks Rd, Herod, IL, 62947
$ 230,000
ROI
20.0Cash Flow/m
14- 2 Bed
- 1 Bath
- 1176 sft
22 Round House Rd, Herod, IL, 62947
Airbnb Potential
Motivated Seller
$ 360,000
ROI
20.1Cash Flow/m
32- 4 Bed
- 3 Bath
- 2000 sft
5 Horseshoe Dr, Herod, IL, 62947
$ 149,900
ROI
23.0Cash Flow/m
135- 4 Bed
- 2 Bath
- 1568 sft
440 Hickstown Rd, Herod, IL, 62947
Why Invest in Herod, Illinois?
Investing in Illinois real estate can be a stable choice, particularly with assets under $200k. The state showcases a solid average rental yield of 8% and a remarkable appreciation rate of 5%, which makes it an attractive area for investors seeking reliable cash flow.
15%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Illinois is approximately 8%, making it a lucrative market for investors.
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