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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 1 day ago
$ 175,000
ROI
23.6
Cash Flow/m
185- 3 Bed
- 2 Bath
- 2813 sft
450 W Chenery 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 2 days ago
$ 118,900
ROI
22.8Cash Flow/m
101- 2 Bed
- 1 Bath
- 996 sft
517 S Feldkamp Ave, Springfield, IL, 62704
Listed for sale 3 days ago
$ 465,000
ROI
20.3Cash Flow/m
65- 3 Bed
- 2 Bath
- 1901 sft
3957 Waterstone Way, Springfield, IL, 62711
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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