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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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?
Investing in Palmyra, IL offers an attractive opportunity under $300k, with the area's rental market exhibiting a solid demand. Average rental yields are competitive, making it appealing for both new and seasoned investors looking to diversify their portfolio. With low vacancy rates and steady appreciation, Palmyra is a hidden gem in real estate.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Palmyra, IL is approximately $1,200 per month, making it an affordable option for renters.
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