Investment Properties for Sale in Palmyra, IL
$ 149,900
ROI
20.4
Cash Flow/m
28- 3 Bed
- 1 Bath
- 1389 sft
452 Elder St, Palmyra, IL, 62674
$ 140,000
ROI
20.5Cash Flow/m
30- 3 Bed
- 1 Bath
- 737 sft
487 W Lewis St, Palmyra, IL, 62674
$ 149,000
ROI
28.8Cash Flow/m
374- 3 Bed
- 1 Bath
- 1690 sft
334 E Malone St, Palmyra, IL, 62674
$ 479,900
ROI
21.9Cash Flow/m
292- 3 Bed
- 4 Bath
- 2564 sft
28360 Quarton Rd, 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.
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