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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Mattoon, IL
Listed for sale 1 day ago
$ 120,000
ROI
23.2
Cash Flow/m
115- 2 Bed
- 1 Bath
- 992 sft
821 N 33rd St, Mattoon, IL, 61938
Listed for sale 1 day ago
$ 119,000
ROI
23.1Cash Flow/m
110- 2 Bed
- 1 Bath
- 1822 sft
721 S 28th St, 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
$ 339,000
ROI
26.6Cash Flow/m
649- 4 Bed
- 2 Bath
- 1900 sft
1105 Meadow Brook Ct, 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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