High Rental Yield Investment Properties for Sale in Mattoon, IL
Listed for sale 1 day ago
$ 179,900
ROI
23.5
Cash Flow/m
187- 4 Bed
- 3 Bath
- 1825 sft
1208 Lakeland Ave, Mattoon, IL, 61938
Listed for sale 1 day ago
$ 179,900
ROI
23.7Cash 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
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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