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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Oblong, IL

$ 115,000
ROI
38.8
Cash Flow/m
610- 3 Bed
- 2 Bath
- 1330 sft
208 W Missouri St, Oblong, IL, 62449

$ 145,000
ROI
26.7
Cash Flow/m
279- 2 Bed
- 1 Bath
- 1584 sft
3626 E 1600th Ave, Oblong, IL, 62449

$ 106,000
ROI
39.0
Cash Flow/m
567- - Bed
- - Bath
- - sft
308 E Missouri St, Oblong, IL, 62449

$ 165,000
ROI
26.9
Cash Flow/m
329- 4 Bed
- 2 Bath
- 2000 sft
508 E Main St, Oblong, IL, 62449
Why Invest in Oblong, Illinois?
Oblong, IL is an attractive market for investors seeking properties under $200k. With affordable entry prices, this area promises solid rental yields and potential appreciation. The cost of living is low, which attracts renters looking for budget-friendly accommodation options, boosting demand.
7.5%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Oblong, IL is approximately $950 per month, making it a budget-friendly option for renters.
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