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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Salem, IL
Listed for sale 6 days ago
$ 112,900
ROI
22.0
Cash Flow/m
71- 2 Bed
- 1 Bath
- 940 sft
212 W Allmon St, Salem, IL, 62881
$ 120,000
ROI
30.8Cash Flow/m
368- 3 Bed
- 1 Bath
- 1386 sft
325 W Porter St, Salem, IL, 62881
$ 157,900
ROI
22.1Cash Flow/m
105- 3 Bed
- 2 Bath
- 1786 sft
331 N Illinois Ave, Salem, IL, 62881
$ 145,000
ROI
22.6Cash Flow/m
115- 3 Bed
- 2 Bath
- 1407 sft
120 E Bennett St, Salem, IL, 62881
Why Invest in Salem, Illinois?
Investing in Salem, IL, presents a unique opportunity with its affordable real estate market and steady rental income potential. The average rent in the area is competitive, providing an attractive rental yield for investors looking for properties under $200k.
8.5%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Salem, IL, is approximately $950, providing a competitive rate for investors and renters alike.
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