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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
$ 165,000
ROI
22.8
Cash Flow/m
138- 5 Bed
- 2 Bath
- 1920 sft
1120 S 16th St, Mattoon, IL, 61938

Listed for sale 7 days ago
$ 285,000
ROI
20.4
Cash Flow/m
54- 4 Bed
- 3 Bath
- 2788 sft
1 Western Avenue Hts, Mattoon, IL, 61938

$ 115,000
ROI
23.7
Cash Flow/m
125- 3 Bed
- 2 Bath
- 1073 sft
1412 S 2nd St, Mattoon, IL, 61938
$ 259,900
ROI
25.1
Cash Flow/m
386- 3 Bed
- 3 Bath
- 1576 sft
425 Crestmore 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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