Investment Properties for Sale in Palmyra, 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 Palmyra, IL

Property at 452 Elder St, Palmyra, IL
$ 149,900
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign28
  • 3 Bed
  • 1 Bath
  • 1389 sft
452 Elder St, Palmyra, IL, 62674
Property at 487 W Lewis St, Palmyra, IL
$ 140,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign30
  • 3 Bed
  • 1 Bath
  • 737 sft
487 W Lewis St, Palmyra, IL, 62674
Property at 393 W Oak St, Palmyra, IL
$ 139,000
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign333
  • 3 Bed
  • 1 Bath
  • 1334 sft
393 W Oak St, Palmyra, IL, 62674
Property at 334 E Malone St, Palmyra, IL
$ 149,000
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign374
  • 3 Bed
  • 1 Bath
  • 1690 sft
334 E Malone St, Palmyra, IL, 62674

Why Invest in Palmyra, Illinois?

Palmyra, IL offers a unique investment opportunity for those looking to dive into real estate, especially with properties priced under $200k. The area boasts a rental yield of around 6%, making it an attractive option for investors. With a current cap rate of 8%, excellent cash flow potential, and steady appreciation trends, Palmyra is ideal for both new and seasoned investors.

12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Palmyra, IL is around $900 per month, making it accessible for many renters. This average reflects various types of properties available in the area.

Find Your Perfect Investment Property in Palmyra, Illinois

Explore investment opportunities by strategy, performance, or property type

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