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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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, presents a unique opportunity for buyers looking for properties under $500k. With a growing rental market and competitive pricing, investors can achieve strong cash flow along with attractive rental yields. Herrin's real estate market boasts an average rent that is both affordable and accessible, making it an ideal location for new and experienced investors alike.
8.5%
Avg. ROI
7.2%
Rental Yield
9.1%
Cap Rate
$300/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Herrin for properties priced under $500k is approximately $800 per month, making it accessible for many renters.
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