Investment Properties Under $200K in Oblong, IL | Ziffy.ai
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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

Property at 706 Oak Dr, Oblong, IL
$ 169,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign288
  • 3 Bed
  • 2 Bath
  • - sft
706 Oak Dr, Oblong, IL, 62449
Property at 703 N Range St, Oblong, IL
$ 129,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign126
  • 3 Bed
  • 1 Bath
  • 1980 sft
703 N Range St, Oblong, IL, 62449
Property at 508 E Main St, Oblong, IL
$ 165,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign329
  • 4 Bed
  • 2 Bath
  • 2000 sft
508 E Main St, Oblong, IL, 62449
Property at 2924 E 1050th Ave, Oblong, IL
$ 130,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign106
  • 3 Bed
  • 2 Bath
  • 2528 sft
2924 E 1050th Ave, 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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