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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mattoon, IL
Listed for sale today
$ 160,000
ROI
22.3
Cash Flow/m
113- 3 Bed
- 1 Bath
- 1200 sft
600 Oklahoma Ave, Mattoon, IL, 61938
Listed for sale 2 days ago
$ 339,000
ROI
26.6Cash Flow/m
649- 4 Bed
- 2 Bath
- 1900 sft
1105 Meadow Brook Ct, Mattoon, IL, 61938
Listed for sale 3 days ago
$ 149,900
ROI
25.0Cash Flow/m
219- 3 Bed
- 2 Bath
- 1578 sft
312 Charleston Ave, Mattoon, IL, 61938
Listed for sale 3 days ago
$ 162,000
ROI
23.0Cash Flow/m
148- 2 Bed
- 2 Bath
- 1052 sft
3121 Champaign 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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