High ROI 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?
Investing in Herrin, IL, offers high ROI potential, especially in rental properties. With an average cap rate of 8.5% and rental yields around 10%, the market presents a lucrative opportunity for savvy investors. The area enjoys a stable rental market, with a significant percentage of renter-occupied homes, making it an attractive choice for long-term income generation.
15%
Avg. ROI
10%
Rental Yield
8.5%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Herrin is about $800, making it an affordable option for many renters. This price reflects the stability and value of the housing market in the area.
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