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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Oglesby, IL
$ 119,900
ROI
23.3
Cash Flow/m
116- 4 Bed
- 3 Bath
- 2339 sft
408 N Columbia Ave, Oglesby, IL, 61348
$ 170,000
ROI
30.4Cash Flow/m
501- 2 Bed
- 2 Bath
- 1169 sft
309 W 2nd St, Oglesby, IL, 61348
$ 184,900
ROI
27.5Cash Flow/m
398- 2 Bed
- 1 Bath
- 1152 sft
432 N Kenosha Ave, Oglesby, IL, 61348
$ 212,500
ROI
24.0Cash Flow/m
253- 2 Bed
- 2 Bath
- 1240 sft
444 W 2nd St, Oglesby, IL, 61348
Why Invest in Oglesby, Illinois?
Investing in Oglesby, IL, offers affordable opportunities under $300k. With a growing job market and reasonable rental rates, this location is ideal for first-time investors. The average cash flow in the area is promising, making it an attractive option for building a real estate portfolio.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Oglesby has a stable job market, with key employers like Illinois Valley Community College and local manufacturing. The employment growth rate is around 2%, offering a reliable environment for investment.
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