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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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?
Investing in single-family properties in Effingham, IL, presents great opportunities. With an attractive average rental yield and stable appreciation, this location is a hidden gem for investors seeking solid returns. The current market offers favorable cap rates and a promising average cash flow, making it a compelling choice for both new and seasoned investors.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Effingham is around $1,200 per month. This figure can fluctuate based on location and property amenities.
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