Single Family 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 strong opportunities for single-family home investments with steady appreciation and reliable rental demand. Recent data shows home values up 5-6% annually, supporting solid cash flow potential. **Cap rates** around 7-8% and **rental yields** near 8% make it attractive for passive income. The market remains competitive with homes selling quickly, indicating low vacancy risks. Government-backed stability from state capital status enhances long-term value.
Frequently Asked Questions
Average rent stands at $1,136 monthly, with 5.7% year-over-year growth per public indices. This supports strong yields for investors targeting family renters. Demand remains steady due to government and healthcare jobs.
Find Your Perfect Investment Property in Springfield, Illinois
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