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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
$ 165,000
ROI
23.5
Cash Flow/m
173- 4 Bed
- 2 Bath
- 1526 sft
346 Woodland Dr, Salem, IL, 62881
Listed for sale 5 days ago
$ 225,000
ROI
25.6Cash Flow/m
365- 3 Bed
- 2 Bath
- 1482 sft
742 N Reel Ave, Salem, IL, 62881
$ 199,900
ROI
27.1Cash Flow/m
409- 3 Bed
- 2 Bath
- 1747 sft
200 E Boone St, Salem, IL, 62881
$ 199,000
ROI
23.1Cash Flow/m
187- 4 Bed
- 3 Bath
- 1800 sft
217 Woodland Dr, 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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