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
Listed for sale 1 day ago
$ 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
$ 259,000
ROI
21.3Cash Flow/m
108- 3 Bed
- 2 Bath
- 1241 sft
9908 E Bloomfield Hills Dr, 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
