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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
$ 339,000
ROI
26.6
Cash Flow/m
649- 4 Bed
- 2 Bath
- 1900 sft
1105 Meadow Brook Ct, Mattoon, IL, 61938
Listed for sale 1 day ago
$ 145,900
ROI
25.8Cash Flow/m
247- 3 Bed
- 2 Bath
- 1440 sft
3221 Piatt Ave, Mattoon, IL, 61938
Listed for sale 1 day ago
$ 149,900
ROI
25.0Cash Flow/m
219- 3 Bed
- 2 Bath
- 1578 sft
312 Charleston Ave, Mattoon, IL, 61938
Listed for sale 1 day ago
$ 160,000
ROI
22.3Cash Flow/m
113- 3 Bed
- 1 Bath
- 1200 sft
600 Oklahoma 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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