Investment Properties for Sale in Mattoon, IL
Listed for sale 1 day ago
$ 179,900
ROI
23.7
Cash Flow/m
196- 4 Bed
- 3 Bath
- 1825 sft
1208 Lake Land Blvd, Mattoon, IL, 61938
Listed for sale 6 days ago
$ 205,000
ROI
28.7Cash Flow/m
511- 2 Bed
- 2 Bath
- 1300 sft
1121 Lafayette Ave, Mattoon, IL, 61938
$ 109,900
ROI
22.0Cash Flow/m
70- 3 Bed
- 2 Bath
- 1506 sft
3008 Shelby Ave, Mattoon, IL, 61938
$ 135,000
ROI
28.3Cash Flow/m
322- 3 Bed
- 1 Bath
- 1508 sft
613 Lafayette Ave, Mattoon, IL, 61938
Why Invest in Mattoon, Illinois?
Investing in Mattoon, IL offers promising opportunities, especially in the rental market. With a robust average cash flow of $300 per month and a steady appreciation rate of 4%, it's an attractive location for investors. The rental yield here is approximately 8%, making it worthwhile to consider multifamily investments in this area.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Mattoon, IL is approximately $1,200 per month, making it affordable for many families and professionals.
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