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 4734 N 250th St, Oblong, IL
$ 212,500
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign421
  • - Bed
  • - Bath
  • - sft
4734 N 250th St, Oblong, IL, 62449
Property at 208 W Missouri St, Oblong, IL
$ 115,000
ROI
38.8ROI percentage
Cash Flow/m
Dollar sign610
  • 3 Bed
  • 2 Bath
  • 1330 sft
208 W Missouri St, Oblong, IL, 62449
Property at 3626 E 1600th Ave, Oblong, IL
$ 145,000
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign279
  • 2 Bed
  • 1 Bath
  • 1584 sft
3626 E 1600th Ave, Oblong, IL, 62449
Property at 308 E Missouri St, Oblong, IL
$ 106,000
ROI
39.0ROI percentage
Cash Flow/m
Dollar sign567
  • - Bed
  • - Bath
  • - sft
308 E Missouri 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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