Investment Properties Under $500K in Oblong, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K 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 425 N Farley Rd, Oblong, IL
$ 225,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign123
  • 3 Bed
  • 2 Bath
  • - sft
425 N Farley Rd, Oblong, IL, 62449
Property at 4391 N 2300th St, Oblong, IL
$ 265,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign52
  • 4 Bed
  • 2 Bath
  • 2000 sft
4391 N 2300th St, Oblong, IL, 62449

Why Invest in Oblong, Illinois?

Investing in properties under $500k in Illinois is a promising opportunity for new and seasoned investors. With a balanced rental yield and manageable cap rates, this market offers stable cash flow potential and a favorable appreciation trend. Illinois features a diverse economy and growing employment opportunities, making it an appealing destination for renters and buyers alike.

8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rental price for properties under $500k in Illinois is approximately $1,200. This makes it an affordable option for many renters looking for homes in the area.

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