Investment Properties for Sale in Palestine, IL | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Palestine, IL

Property at 421 S Pike St, Palestine, IL
Listed for sale 1 day ago
$ 231,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign69
  • 3 Bed
  • 2 Bath
  • 1616 sft
421 S Pike St, Palestine, IL, 62451
Property at 525 E Lamotte St, Palestine, IL
$ 195,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign124
  • 4 Bed
  • 3 Bath
  • 2256 sft
525 E Lamotte St, Palestine, IL, 62451
Property at 413 S Main St, Palestine, IL
$ 175,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign92
  • 7 Bed
  • 2 Bath
  • 4000 sft
413 S Main St, Palestine, IL, 62451
Property at 306 S Leaverton St, Palestine, IL
$ 139,900
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign16
  • 3 Bed
  • 1 Bath
  • - sft
306 S Leaverton St, Palestine, IL, 62451

Why Invest in Palestine, Illinois?

Palestine, IL, presents a unique opportunity for real estate investors, particularly for those interested in multifamily properties. With a rental yield of around 7.5% and an average cash flow of $250 per month, this area is seeing steady demand. The region's affordable housing market and favorable cap rates enhance its attractiveness for sustainable investments.

12%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Palestine, IL, is around $800 per month, making it affordable compared to larger cities. This provides an excellent opportunity for investors looking to attract renters.

Find Your Perfect Investment Property in Palestine, Illinois

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Palestine, IL
Fix and Flip Properties in Palestine, IL
Short-Term Rental Properties in Palestine, IL
AI