Investment Properties for Sale in Springfield, IL
Listed for sale today
$ 109,900
ROI
22.7
Cash Flow/m
89- 3 Bed
- 2 Bath
- 1014 sft
2608 S Pasfield St, Springfield, IL, 62704
$ 239,900
ROI
30.5Cash Flow/m
716- 3 Bed
- 2 Bath
- 1610 sft
13 Birch Dr, SPRINGFIELD, IL, 62629
Listed for sale today
$ 124,900
ROI
22.5Cash Flow/m
96- 3 Bed
- 1 Bath
- 950 sft
3520 Ivanhoe Dr, Springfield, IL, 62703
Listed for sale today
$ 259,900
ROI
27.4Cash Flow/m
554- 3 Bed
- 2 Bath
- 1842 sft
2358 Westchester Blvd, Springfield, IL, 62704
Why Invest in Springfield, Illinois?
Springfield, IL offers stable investment opportunities with competitive housing dynamics. Recent data shows median home prices around $195K with strong appreciation trends up to 22% year-over-year. Rental yields average 6-8% supported by a renter-occupied rate near 40%, while cap rates hover at 7-9% amid low vacancy and quick sales cycles. Economic anchors like state government provide reliable demand for rentals.
8.5%
Avg. ROI
7.2%
Rental Yield
8.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1136/mo
Avg. Rent
6.8%
1Y Appreciation
Frequently Asked Questions
Average rent in Springfield is around $1,136 per month. This reflects a 5.7% year-over-year increase. Rents remain affordable compared to national averages.
Find Your Perfect Investment Property in Springfield, Illinois
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