Single Family Investment Properties for Sale in Mattoon, IL
Listed for sale 2 days 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 2 days 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 7 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 presents promising opportunities for single-family real estate investments. The average cash flow is favorable, alongside a stable rental yield in a historically consistent market. With a strong local economy and an increasing demand for affordable housing, investors can expect solid returns in this area.
12%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Mattoon is stable, with an average rent of around $950. The demand is supported by a solid local economy and a 5% vacancy rate.
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