Investment Properties for Sale in Effingham, KS
$ 114,900
ROI
24.4
Cash Flow/m
149- 2 Bed
- 1 Bath
- 1000 sft
205 9th St, Effingham, KS, 66023
Fix & Flip
$ 100,000
ROI
21.7Cash Flow/m
55- 3 Bed
- 1 Bath
- 1323 sft
619 George St, Effingham, KS, 66023
$ 104,900
ROI
20.5Cash Flow/m
22- 3 Bed
- 2 Bath
- 1682 sft
213 George St, Effingham, KS, 66023
Fix & Flip
$ 102,000
ROI
21.2Cash Flow/m
41- 2 Bed
- 2 Bath
- 1130 sft
621 William St, Effingham, KS, 66023
Why Invest in Effingham, Kansas?
Investing in residential real estate in Effingham, KS offers a promising opportunity with steady rental yields and moderate cap rates. The local market boasts an average ROI of approximately 7%, supported by a renter-occupied rate exceeding 45%. Appreciation trends reflect steady growth in property values, while average cash flow remains attractive for investors seeking regional diversification. This market is well-suited for those targeting smaller city investments with solid fundamental metrics.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Effingham is approximately 6%, making it an attractive market for rental property investors seeking steady income.
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