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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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
$ 139,000
ROI
28.4Cash Flow/m
333- 3 Bed
- 1 Bath
- 1334 sft
393 W Oak 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
Why Invest in Palmyra, Illinois?
Palmyra, IL is an attractive location for investors seeking high rental yields. The town's rental market has shown promising metrics, with a rental yield estimated at around 8%. With affordable average rents and increasing demand, investors can expect solid cash flow and favorable cap rates in this thriving hub.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Palmyra, IL is approximately 8%, making it a favorable location for real estate investors.
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