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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Odell, IL
$ 245,000
ROI
20.2
Cash Flow/m
27- 3 Bed
- 2 Bath
- 1654 sft
23678 N 2700 East Rd, Odell, IL, 60460
$ 284,000
ROI
26.2Cash Flow/m
506- 5 Bed
- 3 Bath
- 3423 sft
419 Circle Dr, Odell, IL, 60460
$ 175,000
ROI
23.0Cash Flow/m
160- 3 Bed
- 1 Bath
- 1602 sft
303 W Henry St, Odell, IL, 60460
$ 167,500
ROI
22.3Cash Flow/m
117- 4 Bed
- 2 Bath
- 1790 sft
109 S Wabash 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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