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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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?
Investing in Herrin, IL, especially in properties under $300k, presents a unique opportunity for real estate investors. The area boasts a competitive rental yield and steady economic growth, making it an attractive market for cash flow. With a supportive community and a burgeoning job sector, Herrin is positioned for continued appreciation.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Herrin, IL, is approximately $950 per month, offering good value for investors and renters alike.
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