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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Springfield, IL
Listed for sale today
$ 294,900
ROI
28.6
Cash Flow/m
723- 4 Bed
- 3 Bath
- 1902 sft
3112 La Conner Dr, 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
$ 658,000
ROI
20.4Cash Flow/m
63- 4 Bed
- 5 Bath
- 5879 sft
2421 E Lake Shore Dr, Springfield, IL, 62712
Listed for sale 1 day ago
$ 139,900
ROI
22.6Cash Flow/m
110- 3 Bed
- 1 Bath
- 1218 sft
1913 E Hood St, Springfield, IL, 62703
Why Invest in Springfield, Illinois?
Springfield, IL offers **high ROI** potential for savvy investors targeting strong cash flow properties. Stable state government jobs drive consistent rental demand while recent home price appreciation of 5-6% annually supports equity growth. Average rents around $1,100 pair with cap rates near 7% for solid returns. Low vacancy and quick sales (under 30 days) minimize holding costs. Focus on single-family and small multifamily for optimal cash-on-cash returns.
9.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1136/mo
Avg. Rent
5.8%
1Y Appreciation
Frequently Asked Questions
Government jobs ensure steady rental demand while 5-6% appreciation and 7% cap rates deliver strong returns. Quick sales under 30 days reduce risk. Focus on properties near downtown for best cash flow.
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