Investment Properties Under $500K in Palmyra, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K 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?

Investing in Palmyra, IL, offers a unique opportunity for real estate investors looking for properties under $500k. With a competitive rental yield and favorable market conditions, this area is primed for growth. The average ROI is attractive, and investors can expect reasonable cash flow that aligns with long-term appreciation trends.

8.5%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Palmyra is approximately 6.0%, making it a competitive market for real estate investors.

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