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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
Listed for sale 1 day ago
$ 149,900
ROI
29.4
Cash Flow/m
400- 3 Bed
- 1 Bath
- 960 sft
906 W Franklin Ave, Effingham, IL, 62401
Listed for sale 1 day ago
$ 245,000
ROI
20.0Cash Flow/m
16- 3 Bed
- 3 Bath
- 2400 sft
902 N Oceola St, Effingham, IL, 62401
$ 168,000
ROI
25.6Cash Flow/m
275- 3 Bed
- 2 Bath
- 1950 sft
610 S Mulberry St, Effingham, IL, 62401
$ 169,000
ROI
25.5Cash Flow/m
268- 3 Bed
- 2 Bath
- 1504 sft
902 S 4th 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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