Yeah, single channel tends to really hurt the performance of integrated graphics in general, as can memory speeds, to a lesser extent. The difference between DDR4-2400 and 3000 can affect performance of the integrated graphics by around 15% or so. Going from dual-channel to single channel can cut performance by about another 40% though. So, between the two, you might be looking at around half the graphics performance of the same processor tested on a system with two sticks of higher speed memory.
And really, it's likely not worth saving a few bucks on memory just to halve your graphics performance. A 2 x 4GB kit of DDR4-2400 costs around the same price, or maybe about $5 more than a single 8GB stick of the same speed. Or for about an additional $5, you could move up to a 2 x 4GB kit of DDR4-2666 or 2800. And it's not much more for DDR4-3000. At the very least, a 2 x 4GB dual-channel kit would almost certainly be worth the extra $5 or so.
If you're considering upgrading to more memory in the future, you might also look at a motherboard with 4 memory slots, which again, generally don't cost much more than one with only two RAM slots available.