Investment Properties for Sale in Springfield, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Springfield, IL

Property at 3112 La Conner Dr, Springfield, IL
Listed for sale today
$ 294,900
ROI
28.6ROI percentage
Cash Flow/m
Dollar sign723
  • 4 Bed
  • 3 Bath
  • 1902 sft
3112 La Conner Dr, Springfield, IL, 62704
Property at 13 Birch Dr, SPRINGFIELD, IL
$ 239,900
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign716
  • 3 Bed
  • 2 Bath
  • 1610 sft
13 Birch Dr, SPRINGFIELD, IL, 62629
Property at 2421 E Lake Shore Dr, Springfield, IL
Listed for sale today
$ 658,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign63
  • 4 Bed
  • 5 Bath
  • 5879 sft
2421 E Lake Shore Dr, Springfield, IL, 62712
Property at 1913 E Hood St, Springfield, IL
Listed for sale 1 day ago
$ 139,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign110
  • 3 Bed
  • 1 Bath
  • 1218 sft
1913 E Hood St, Springfield, IL, 62703

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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