Investment Properties for Sale in Effingham, IL
Fix & Flip
Listed for sale 6 days ago
$ 129,900
ROI
22.4
Cash Flow/m
95- 3 Bed
- 2 Bath
- 1212 sft
503 E Section Ave, Effingham, IL, 62401
Fix & Flip
$ 189,900
ROI
22.1Cash Flow/m
123- 3 Bed
- 2 Bath
- 2224 sft
405 E Market Ave, Effingham, IL, 62401
$ 150,000
ROI
20.7Cash Flow/m
40- 2 Bed
- 1 Bath
- 1092 sft
1007 W Edgar Ave, Effingham, IL, 62401
$ 179,900
ROI
23.6Cash Flow/m
192- 3 Bed
- 2 Bath
- 1176 sft
212 W Douglas 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.
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