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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Ofallon, IL
Listed for sale 1 day ago
$ 190,000
ROI
23.7
Cash Flow/m
210- 4 Bed
- 3 Bath
- 1804 sft
319 S Cherry St, O'Fallon, IL, 62269
Listed for sale 1 day ago
$ 500,000
ROI
20.3Cash Flow/m
72- 2 Bed
- 1 Bath
- 1028 sft
716 W Highway 50, O'Fallon, IL, 62269
Listed for sale 2 days ago
$ 159,000
ROI
22.8Cash Flow/m
135- 2 Bed
- 1 Bath
- 1200 sft
218 Shoreline Dr APT 3, O'Fallon, IL, 62269
Listed for sale 2 days ago
$ 200,000
ROI
20.6Cash Flow/m
50- 2 Bed
- 1 Bath
- 840 sft
418 S Main St, O'Fallon, IL, 62269
Why Invest in Ofallon, Illinois?
O'Fallon, IL offers a fantastic opportunity for real estate investors looking for rental properties. With an average rental yield of 6.5% and a cap rate of 7.0%, the market is attracting attention. The area boasts a strong job market with significant employers and a growing population, making it a prime location for future appreciation.
10%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in O'Fallon offers strong rental yields and a growing job market, which can lead to steady cash flow. Additionally, the area's proximity to larger metropolitan areas enhances its attractiveness.
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