Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Effingham, IL
Listed for sale 2 days ago
$ 219,500
ROI
21.0
Cash Flow/m
77- 3 Bed
- 2 Bath
- 1479 sft
515 E Grove Ave, Effingham, IL, 62401
Listed for sale 2 days ago
$ 199,900
ROI
20.7Cash Flow/m
53- 3 Bed
- 2 Bath
- 1408 sft
1011 Oakridge St, Effingham, IL, 62401
$ 199,000
ROI
20.8Cash Flow/m
60- 3 Bed
- 1 Bath
- 1352 sft
14677 N Court Six, Effingham, IL, 62401
$ 139,900
ROI
23.2Cash Flow/m
136- 3 Bed
- 1 Bath
- 1624 sft
302 W Virginia Ave, 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.
Find Your Perfect Investment Property in Effingham, Illinois
Explore investment opportunities by strategy, performance, or property type
