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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 2 days ago
$ 179,900
ROI
22.2
Cash Flow/m
124- 3 Bed
- 1 Bath
- 1800 sft
701 N 29th 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 3 days ago
$ 121,000
ROI
21.8Cash Flow/m
70- 4 Bed
- 2 Bath
- 1937 sft
805 S 14th St, Herrin, IL, 62948
Listed for sale 3 days ago
$ 170,000
ROI
30.5Cash Flow/m
510- 3 Bed
- 2 Bath
- 1700 sft
107 N 19th St, 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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