High Rental Yield Investment Properties for Sale in Springfield, IL
109- 4 Bed
- 3 Bath
- 3000 sft
183- 2 Bed
- 1 Bath
- 1421 sft
338- 3 Bed
- 1 Bath
- 950 sft
660- 3 Bed
- 2 Bath
- 1524 sft
Why Invest in Springfield, Illinois?
Springfield, IL offers **high rental yield** opportunities for investors seeking strong cash flow in the Midwest. Affordable property prices combined with steady rental demand from state government workers drive attractive returns. Average rents hover around $1,100 monthly, supporting cap rates near 7-8%.[1][2] Renter occupancy exceeds 40%, bolstered by stable employment.[8] Annual appreciation of 5-7% adds long-term value.[2] Low vacancy and growing rents make it ideal for passive income.
Frequently Asked Questions
Stable state government jobs and affordable home prices around $160k create strong yields up to 8%.[2] Rents average $1,100 with low 5% vacancy.[1] Demand from workers exceeds supply for cash-flow positive investments.
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