Under $300K Investment Properties for Sale in Effingham, IL
Fix & Flip
Listed for sale 7 days ago
$ 129,900
ROI
22.4
Cash Flow/m
95- 3 Bed
- 2 Bath
- 1212 sft
503 E Section Ave, Effingham, IL, 62401
Fix & Flip
$ 189,900
ROI
22.1Cash Flow/m
123- 3 Bed
- 2 Bath
- 2224 sft
405 E Market Ave, Effingham, IL, 62401
$ 150,000
ROI
20.7Cash Flow/m
40- 2 Bed
- 1 Bath
- 1092 sft
1007 W Edgar Ave, Effingham, IL, 62401
$ 179,900
ROI
23.6Cash Flow/m
192- 3 Bed
- 2 Bath
- 1176 sft
212 W Douglas Ave, 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.
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