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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 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 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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