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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Herrin, IL
Listed for sale 5 days ago
$ 135,000
ROI
21.9
Cash Flow/m
79- 3 Bed
- 2 Bath
- 1614 sft
308 N 18th St, Herrin, IL, 62948
$ 180,000
ROI
28.3Cash Flow/m
427- 3 Bed
- 2 Bath
- 1276 sft
1807 W Cherry St, HERRIN, IL, 62948
Listed for sale 7 days ago
$ 260,000
ROI
27.6Cash Flow/m
568- 3 Bed
- 2 Bath
- 1853 sft
1204 Prestwicke Dr, Herrin, IL, 62948
Listed for sale 7 days ago
$ 239,900
ROI
23.6Cash Flow/m
255- 3 Bed
- 3 Bath
- 1546 sft
2901 Delora Ln, 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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