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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Salem, IL
Listed for sale today
$ 180,000
ROI
22.5
Cash Flow/m
136- 4 Bed
- 3 Bath
- 2152 sft
2041 Mills Cart Rd, Salem, IL, 62881
Listed for sale 6 days ago
$ 112,900
ROI
22.0Cash 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
Why Invest in Salem, Illinois?
Investing in properties under $200k in Illinois offers promising opportunities. With a solid economy and diverse job market, many investors are finding lucrative rental options in the state. Investors can benefit from competitive cap rates and a steady appreciation in property values.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
In Illinois, you can find a variety of properties under $200k, including single-family homes and smaller multifamily units. These properties often attract first-time homebuyers and investors looking for affordable rental options.
Find Your Perfect Investment Property in Salem, Illinois
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