Under $500K Investment Properties for Sale in Ofallon, IL
Listed for sale today
$ 259,900
ROI
23.3
Cash Flow/m
256- 3 Bed
- 2 Bath
- 1697 sft
1104 N Yale Dr, O'Fallon, IL, 62269
$ 119,900
ROI
30.6Cash Flow/m
364- 1 Bed
- 1 Bath
- 566 sft
320 W 3rd St, O'fallon, IL, 62269
Listed for sale 1 day ago
$ 389,900
ROI
23.3Cash Flow/m
382- 3 Bed
- 3 Bath
- 2083 sft
5120 Wesleyan Dr, O'Fallon, IL, 62269
$ 294,000
ROI
22.1Cash Flow/m
190- 5 Bed
- 3 Bath
- 2420 sft
407 E 4th St, O'fallon, IL, 62269
Why Invest in Ofallon, Illinois?
Investing in O'Fallon, IL, especially in properties listed under $500,000, can be a strategic move. The area offers a balanced rental yield and rising property values, making it an attractive destination for real estate investors. With a growing workforce and increasing income levels, O'Fallon presents solid opportunities for strong returns.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in O'Fallon is approximately $1,500 per month, which is competitive for the region considering the community amenities.
Find Your Perfect Investment Property in Ofallon, Illinois
Explore investment opportunities by strategy, performance, or property type
