Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Effingham, IL
Fix & Flip
Listed for sale 4 days ago
$ 149,000
ROI
29.6
Cash Flow/m
407- 3 Bed
- 1 Bath
- 1504 sft
13982 E 1100th Ave, Effingham, IL, 62401
$ 199,900
ROI
20.7Cash Flow/m
53- 3 Bed
- 2 Bath
- 1168 sft
9320 E South Circle Dr, Effingham, IL, 62401
$ 265,000
ROI
21.0Cash Flow/m
93- 3 Bed
- 2 Bath
- 1440 sft
103 W Edgewood Ave, Effingham, IL, 62401
$ 129,000
ROI
24.9Cash Flow/m
185- 2 Bed
- 1 Bath
- 1824 sft
601 S 2nd St, Effingham, IL, 62401
Why Invest in Effingham, Illinois?
Investing in Effingham, IL, offers unique opportunities, especially for properties under $300k. This area has a reliable rental market and is becoming increasingly attractive to young families and retirees alike.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Effingham is about $1,200 per month, making it affordable for both renters and investors looking for positive cash flow.
Find Your Perfect Investment Property in Effingham, Illinois
Explore investment opportunities by strategy, performance, or property type
