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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
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?
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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