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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 4 days ago
$ 179,750
ROI
29.1
Cash Flow/m
466- 4 Bed
- 2 Bath
- 1928 sft
128 N Indiana Ave, Salem, IL, 62881
Listed for sale 5 days ago
$ 247,500
ROI
22.5Cash Flow/m
186- 3 Bed
- 3 Bath
- 1743 sft
2705 S Broadway Ave, Salem, IL, 62881
Listed for sale 6 days ago
$ 148,000
ROI
23.5Cash Flow/m
152- 4 Bed
- 1 Bath
- 1302 sft
805 N Reel Ave, Salem, IL, 62881
$ 147,500
ROI
23.4Cash Flow/m
148- 3 Bed
- 2 Bath
- 1248 sft
514 Roddy Rd, 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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