High Rental Yield Investment Properties for Sale in Herrin, IL
Listed for sale 3 days ago
$ 314,500
ROI
23.0
Cash Flow/m
280- 4 Bed
- 2 Bath
- 2200 sft
3221 Palomino Ct, Herrin, IL, 62948
$ 180,000
ROI
28.3Cash Flow/m
427- 3 Bed
- 2 Bath
- 1276 sft
1807 W Cherry St, HERRIN, IL, 62948
Fix & Flip
Listed for sale 4 days ago
$ 111,500
ROI
22.3Cash Flow/m
79- 3 Bed
- 2 Bath
- 1065 sft
312 N 11th St, Herrin, IL, 62948
Listed for sale 7 days ago
$ 195,000
ROI
28.2Cash Flow/m
459- 3 Bed
- 2 Bath
- 1356 sft
217 N 21st St, Herrin, IL, 62948
Why Invest in Herrin, Illinois?
Herrin, Illinois presents an excellent opportunity for investors seeking properties with high rental yields. The city offers competitive rental prices along with a strong appreciation potential, making it a noteworthy consideration for real estate ventures. With an average rental yield of 8% and a cap rate of 10%, investors can look forward to solid cash flows in this up-and-coming market.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Herrin, Illinois is approximately 8%, making it an attractive market for investors seeking positive cash flow.
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