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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Palestine, IL

$ 175,000
ROI
21.6
Cash Flow/m
92- 7 Bed
- 2 Bath
- 4000 sft
413 S Main St, Palestine, IL, 62451

$ 139,900
ROI
20.2
Cash Flow/m
16- 3 Bed
- 1 Bath
- - sft
306 S Leaverton St, Palestine, IL, 62451

$ 175,000
ROI
28.3
Cash Flow/m
414- 3 Bed
- 2 Bath
- 2696 sft
400 E Franklin St, Palestine, IL, 62451

$ 122,500
ROI
36.0
Cash Flow/m
552- 3 Bed
- 2 Bath
- 1104 sft
20406 E River Rd, 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.
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