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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Herrin, IL
Fix & Flip
Listed for sale 4 days ago
$ 111,500
ROI
23.1
Cash Flow/m
104- 3 Bed
- 2 Bath
- 1065 sft
312 N 11th St, Herrin, IL, 62948
Fix & Flip
$ 119,900
ROI
22.4Cash Flow/m
86- 2 Bed
- 2 Bath
- 1245 sft
611 S 23rd St, Herrin, IL, 62948
Fix & Flip
$ 145,000
ROI
26.0Cash Flow/m
251- 4 Bed
- 3 Bath
- 2416 sft
500 E Clark Trl, Herrin, IL, 62948
Fix & Flip
$ 167,000
ROI
23.6Cash Flow/m
177- 4 Bed
- 2 Bath
- 1489 sft
908 N 13th St, Herrin, IL, 62948
Why Invest in Herrin, Illinois?
Investing in fix-and-flip opportunities in Herrin, IL is promising given the town's growing potential. With a relatively low average home price and a strong interest in home renovation, investors can expect significant returns. The recent trends show a favorable investment climate for those looking to capitalize on the housing market.
15%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average return on investment for fix-and-flip properties in Herrin is around 15%, making it a lucrative area for investors.
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