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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Salem, IL
$ 249,900
ROI
19.8
Cash Flow/m
6- 3 Bed
- 2 Bath
- 2275 sft
508 N Indiana Ave, Salem, IL, 62881
$ 299,000
ROI
25.8Cash Flow/m
500- 3 Bed
- 3 Bath
- 1910 sft
3608 Andrews Ct, Salem, IL, 62881
Fix & Flip
$ 225,000
ROI
29.8Cash Flow/m
626- 3 Bed
- 2 Bath
- 1800 sft
202 Woodland Dr, Salem, IL, 62881
$ 139,000
ROI
22.3Cash Flow/m
97- 3 Bed
- 1 Bath
- 1189 sft
501 N Marion Ave, 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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