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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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
20.4Cash Flow/m
54- 4 Bed
- 3 Bath
- 2788 sft
1 Western Avenue Hts, Mattoon, IL, 61938
$ 115,000
ROI
23.7Cash Flow/m
125- 3 Bed
- 2 Bath
- 1073 sft
1412 S 2nd St, Mattoon, IL, 61938
$ 259,900
ROI
25.1Cash Flow/m
386- 3 Bed
- 3 Bath
- 1576 sft
425 Crestmore Ave, Mattoon, IL, 61938
Why Invest in Mattoon, Illinois?
Mattoon, IL, is an emerging market for real estate investors, particularly in high rental yield properties. With a growing population and affordable housing options, investors can expect attractive metrics such as a rental yield of around 8% and average cash flow of $250 per month. This market is bolstered by ongoing economic development, making it a prime spot for investment.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mattoon is around 8%, making it a lucrative option for investors.
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