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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Effingham, IL
Listed for sale today
$ 185,000
ROI
22.8
Cash Flow/m
157- 3 Bed
- 2 Bath
- 1725 sft
210 W Wabash Ave, Effingham, IL, 62401
Listed for sale 2 days ago
$ 179,000
ROI
30.2Cash Flow/m
519- 3 Bed
- 1 Bath
- 1384 sft
1601 S 4th St, Effingham, IL, 62401
$ 173,500
ROI
24.7Cash Flow/m
237- 3 Bed
- 2 Bath
- 1568 sft
307 W Crawford Ave, Effingham, IL, 62401
$ 259,000
ROI
21.3Cash Flow/m
108- 3 Bed
- 2 Bath
- 1241 sft
9908 E Bloomfield Hills Dr, Effingham, IL, 62401
Why Invest in Effingham, Illinois?
Investing in Effingham, IL offers an attractive opportunity with its low cost of living and stable rental market. With strong local employment opportunities and growing community development, investors can expect a favorable return on investment for rental properties.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Effingham, IL is approximately 7.2%, making it a competitive market for real estate investors.
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