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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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 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
Listed for sale 2 days ago
$ 170,000
ROI
22.9Cash Flow/m
147- 3 Bed
- 2 Bath
- 1196 sft
213 W 4th St, O'Fallon, IL, 62269
Why Invest in Ofallon, Illinois?
O'Fallon, IL, presents a fantastic opportunity for investors looking to purchase properties under $200K. With a strong rental market, investors can expect attractive returns, making it an ideal location for wealth-building through real estate. The local economy continues to grow and supports a steady demand for rental properties.
8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in O'Fallon is approximately $1,200 per month, making it an affordable option for both residents and investors.
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