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 today
$ 185,000
ROI
22.8
Cash Flow/m
157- 3 Bed
- 2 Bath
- 1725 sft
210 W Wabash Ave, Effingham, IL, 62401
Listed for sale 2 days ago
$ 179,000
ROI
30.2Cash Flow/m
519- 3 Bed
- 1 Bath
- 1384 sft
1601 S 4th St, Effingham, IL, 62401
$ 173,500
ROI
24.7Cash Flow/m
237- 3 Bed
- 2 Bath
- 1568 sft
307 W Crawford Ave, Effingham, IL, 62401
$ 115,000
ROI
22.4Cash Flow/m
85- 3 Bed
- 1 Bath
- 912 sft
105 W Kagay 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
