Investment Properties Under $200K in Herrin, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Herrin, IL

Property at 308 N 18th St, Herrin, IL
Listed for sale 5 days ago
$ 135,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign79
  • 3 Bed
  • 2 Bath
  • 1614 sft
308 N 18th St, Herrin, IL, 62948
Property at 1807 W Cherry St, HERRIN, IL
$ 180,000
ROI
28.3ROI percentage
Cash Flow/m
Dollar sign427
  • 3 Bed
  • 2 Bath
  • 1276 sft
1807 W Cherry St, HERRIN, IL, 62948
Property at 908 N 13th St, Herrin, IL
Fix & Flip
$ 172,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign114
  • 4 Bed
  • 2 Bath
  • 1489 sft
908 N 13th St, Herrin, IL, 62948
Property at 417 S 22nd St, Herrin, IL
$ 178,500
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign202
  • 3 Bed
  • 2 Bath
  • 1771 sft
417 S 22nd St, Herrin, IL, 62948

Why Invest in Herrin, Illinois?

Investing in Herrin, IL presents a fantastic opportunity, especially for budget-conscious buyers looking for properties under $200k. With a focus on affordability, the investment landscape offers competitive average rental yields and steadily increasing property values. Herrin's real estate market is showing promise in terms of cash flow potential and demographic stability, making it an ideal location for growth-oriented investors.

7.5%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average price of homes in Herrin is under $200,000, making it an affordable market for various buyers. This pricing can allow investors to find good deals in a competitive landscape.

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