Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Effingham, IL
Listed for sale 2 days ago
$ 199,900
ROI
20.7
Cash 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
$ 139,000
ROI
22.5Cash Flow/m
107- 4 Bed
- 1 Bath
- 1606 sft
305 W Clark Ave, Effingham, IL, 62401
Why Invest in Effingham, Illinois?
Investing in Effingham, IL, especially in properties under $200k, presents an attractive opportunity due to its growing rental market. With an average rental yield of 7% and rising demand, new investors can expect steady cash flow in this region. Effingham's population growth and affordable property prices create a favorable environment for long-term appreciation.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Effingham offers affordable property prices and a steady rental yield, making it an attractive option for investors. The area's economic stability and positive growth trends further enhance its investment potential.
Find Your Perfect Investment Property in Effingham, Illinois
Explore investment opportunities by strategy, performance, or property type
