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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
$ 149,900
ROI
25.0
Cash Flow/m
219- 3 Bed
- 1 Bath
- 1472 sft
2 Westwood, Mattoon, IL, 61938
Listed for sale 6 days ago
$ 149,900
ROI
23.4Cash Flow/m
150- 4 Bed
- 2 Bath
- 1296 sft
2617 Richmond Ave, Mattoon, IL, 61938
$ 304,900
ROI
30.2Cash Flow/m
885- 4 Bed
- 2 Bath
- 2943 sft
17 Lafayette Mdws, Mattoon, IL, 61938
$ 134,900
ROI
22.2Cash Flow/m
91- 3 Bed
- 1 Bath
- 1377 sft
2805 Marshall 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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