Under $300K Investment Properties for Sale in Odell, IL
Listed for sale 4 days ago
$ 249,999
ROI
21.9
Cash Flow/m
149- 4 Bed
- 2 Bath
- 1952 sft
209 S East St, Odell, IL, 60460
$ 162,500
ROI
27.4Cash Flow/m
346- 3 Bed
- 1 Bath
- 2178 sft
416 N Spencer St, Odell, IL, 60460
$ 279,000
ROI
20.1Cash Flow/m
27- 5 Bed
- 3 Bath
- 2973 sft
415 E Hamilton St, Odell, IL, 60460
$ 149,500
ROI
28.6Cash Flow/m
367- 3 Bed
- 1 Bath
- 1176 sft
201 W Elk St, Odell, IL, 60460
Why Invest in Odell, Illinois?
Investing in properties under $300k in Illinois opens doors to affordable housing options that attract a diverse range of renters. The state's strong rental demand, coupled with an average cash flow of $1,200, makes it an appealing market for potential investors. With a rental yield of 9% and a cap rate of 7%, this region presents a solid opportunity for stable returns.
12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under this price point typically falls around $1,600. This makes investing in this range attractive due to strong rental demand.
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