Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Springfield, IL
Listed for sale 1 day ago
$ 189,900
ROI
23.2
Cash Flow/m
183- 2 Bed
- 1 Bath
- 1421 sft
1425 S Lincoln Ave, Springfield, IL, 62704
Listed for sale 2 days ago
$ 159,900
ROI
27.4Cash Flow/m
338- 3 Bed
- 1 Bath
- 950 sft
2512 Sutherland Rd, Springfield, IL, 62702
Fix & Flip
Listed for sale 2 days ago
$ 245,000
ROI
30.6Cash Flow/m
740- 3 Bed
- 2 Bath
- 1524 sft
2928 Rainier Dr, Springfield, IL, 62704
Listed for sale 3 days ago
$ 399,900
ROI
22.2Cash Flow/m
273- 2 Bed
- 2 Bath
- 1653 sft
3702 Westgate Dr, Springfield, IL, 62711
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
Explore investment opportunities by strategy, performance, or property type
