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

Single Family Investment Properties for Sale in Salem, IL

Property at 346 Woodland Dr, Salem, IL
Listed for sale 4 days ago
$ 165,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign173
  • 4 Bed
  • 2 Bath
  • 1526 sft
346 Woodland Dr, Salem, IL, 62881
Property at 742 N Reel Ave, Salem, IL
Listed for sale 5 days ago
$ 225,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign365
  • 3 Bed
  • 2 Bath
  • 1482 sft
742 N Reel Ave, Salem, IL, 62881
Property at 200 E Boone St, Salem, IL
$ 199,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign409
  • 3 Bed
  • 2 Bath
  • 1747 sft
200 E Boone St, Salem, IL, 62881
Property at 217 Woodland Dr, Salem, IL
$ 199,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign187
  • 4 Bed
  • 3 Bath
  • 1800 sft
217 Woodland Dr, Salem, IL, 62881

Why Invest in Salem, Illinois?

Investing in single-family homes in Salem, IL offers potential for steady cash flow and appreciation. The area's rental market attracts families, resulting in a reasonable rental yield and favorable cap rates for investors looking for stable returns. With consistent demand and manageable investor competition, Salem presents a promising opportunity for those entering the single-family market.

8.5%
Avg. ROI
5.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Salem, IL is around 5.2%, making it an attractive option for investors seeking steady returns.

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