High Rental Yield Investment Properties for Sale in Effingham, IL

Property at 503 E Section Ave, Effingham, IL
Fix & Flip
Listed for sale 7 days ago
$ 129,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign95
  • 3 Bed
  • 2 Bath
  • 1212 sft
503 E Section Ave, Effingham, IL, 62401
Property at 405 E Market Ave, Effingham, IL
Fix & Flip
$ 189,900
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign123
  • 3 Bed
  • 2 Bath
  • 2224 sft
405 E Market Ave, Effingham, IL, 62401
Property at 1007 W Edgar Ave, Effingham, IL
$ 150,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign40
  • 2 Bed
  • 1 Bath
  • 1092 sft
1007 W Edgar Ave, Effingham, IL, 62401
Property at 212 W Douglas Ave, Effingham, IL
$ 179,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign192
  • 3 Bed
  • 2 Bath
  • 1176 sft
212 W Douglas Ave, 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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