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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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, for properties under $300k presents an exceptional opportunity for potential returns. The market features favorable cap rates and increasing rental yields that can enhance your portfolio. With a real estate appreciation rate around 4% annually, investors can benefit from both ongoing cash flow and long-term gains.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Salem, IL, is approximately 7%, making it an attractive market for rental property investors.
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