Single Family Investment Properties in Effingham, IL | Ziffy.ai
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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

Property at 906 W Franklin Ave, Effingham, IL
Listed for sale 1 day ago
$ 149,900
ROI
29.4ROI percentage
Cash Flow/m
Dollar sign400
  • 3 Bed
  • 1 Bath
  • 960 sft
906 W Franklin Ave, Effingham, IL, 62401
Property at 902 N Oceola St, Effingham, IL
Listed for sale 1 day ago
$ 245,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign16
  • 3 Bed
  • 3 Bath
  • 2400 sft
902 N Oceola St, Effingham, IL, 62401
Property at 610 S Mulberry St, Effingham, IL
$ 168,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign275
  • 3 Bed
  • 2 Bath
  • 1950 sft
610 S Mulberry St, Effingham, IL, 62401
Property at 902 S 4th St, Effingham, IL
$ 169,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign268
  • 3 Bed
  • 2 Bath
  • 1504 sft
902 S 4th 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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