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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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?
Investing in single-family homes in Palestine, IL offers a unique opportunity for steady returns. The local rental market boasts a strong demand, with favorable rental yields and appreciation rates. Investors can expect average cash flows and a growing renter-occupied rate, ensuring a stable investment foundation.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Palestine, IL is approximately $1,200 per month, making it an affordable option for renters.
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