Fix And Flip Investment Properties for Sale in Effingham, IL
Fix & Flip
Listed for sale 7 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
Fix & Flip
$ 149,000
ROI
29.6Cash Flow/m
407- 3 Bed
- 1 Bath
- 1504 sft
13982 E 1100th Ave, Effingham, IL, 62401
Fix & Flip
$ 189,000
ROI
22.2Cash Flow/m
129- 3 Bed
- 2 Bath
- 1441 sft
1001 Holly Dr, Effingham, IL, 62401
Why Invest in Effingham, Illinois?
Investing in Effingham, IL, for fix-and-flip opportunities can be advantageous due to its affordable housing market. With a median home price that offers attractive ROI for investors, you can find properties ripe for renovation that can boost your portfolio's cash flow.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average cost of homes in Effingham is approximately $150,000, making it an accessible market for real estate investors.
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