Single Family Investment Properties for Sale in Effingham, IL

Property at 503 E Section Ave, Effingham, IL
Fix & Flip
Listed for sale 6 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?

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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