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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
$ 165,000
ROI
22.8
Cash Flow/m
138- 5 Bed
- 2 Bath
- 1920 sft
1120 S 16th St, Mattoon, IL, 61938
Listed for sale 7 days ago
$ 285,000
ROI
20.4Cash Flow/m
54- 4 Bed
- 3 Bath
- 2788 sft
1 Western Avenue Hts, Mattoon, IL, 61938
$ 115,000
ROI
23.7Cash Flow/m
125- 3 Bed
- 2 Bath
- 1073 sft
1412 S 2nd St, Mattoon, IL, 61938
$ 259,900
ROI
25.1Cash Flow/m
386- 3 Bed
- 3 Bath
- 1576 sft
425 Crestmore 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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