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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Effingham, IL

Fix & Flip
Listed for sale 4 days ago
$ 149,000
ROI
29.6
Cash Flow/m
407- 3 Bed
- 1 Bath
- 1504 sft
13982 E 1100th Ave, Effingham, IL, 62401

$ 199,900
ROI
20.7
Cash Flow/m
53- 3 Bed
- 2 Bath
- 1168 sft
9320 E South Circle Dr, Effingham, IL, 62401

$ 265,000
ROI
21.0
Cash Flow/m
93- 3 Bed
- 2 Bath
- 1440 sft
103 W Edgewood Ave, Effingham, IL, 62401

$ 129,000
ROI
24.9
Cash Flow/m
185- 2 Bed
- 1 Bath
- 1824 sft
601 S 2nd St, Effingham, IL, 62401
Why Invest in Effingham, Illinois?
Effingham, IL presents attractive investment opportunities, especially for those seeking high rental yields. The average rental yield in this area is approximately 8%, making it a hotspot for investors looking for steady cash flow and strong appreciation potential. Additionally, properties in this region boast an average cash flow of $500 monthly, appealing to savvy investors.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$500/mo
Avg. Cash Flow
$700/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Effingham, IL is approximately 8%, making it a favorable market for investment.
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