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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 2 days ago
$ 219,500
ROI
21.0
Cash Flow/m
77- 3 Bed
- 2 Bath
- 1479 sft
515 E Grove Ave, Effingham, IL, 62401
Listed for sale 2 days ago
$ 199,900
ROI
20.7Cash Flow/m
53- 3 Bed
- 2 Bath
- 1408 sft
1011 Oakridge St, Effingham, IL, 62401
$ 199,000
ROI
20.8Cash Flow/m
60- 3 Bed
- 1 Bath
- 1352 sft
14677 N Court Six, Effingham, IL, 62401
$ 139,900
ROI
23.2Cash Flow/m
136- 3 Bed
- 1 Bath
- 1624 sft
302 W Virginia 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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