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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Olney, IL
Listed for sale 1 day ago
$ 107,000
ROI
22.9
Cash Flow/m
94- 3 Bed
- 2 Bath
- 1988 sft
2303 Mimosa Dr, Olney, IL, 62450
$ 129,900
ROI
22.4Cash Flow/m
96- 3 Bed
- 2 Bath
- 1369 sft
322 N East St, Olney, IL, 62450
$ 169,000
ROI
25.6Cash Flow/m
275- 3 Bed
- 2 Bath
- 1706 sft
613 Ash St, Olney, IL, 62450
$ 380,000
ROI
24.2Cash Flow/m
470- 4 Bed
- 3 Bath
- 3200 sft
5454 E Ebenezer Ln, Olney, IL, 62450
Why Invest in Olney, Illinois?
Investing in Olney, IL, especially in rental properties, offers great potential for growth. The rental yield is competitive, with a stable demand for rents ensuring steady cash flow. With an appreciation rate of around 3% and a cap rate of 8%, it's an attractive market for long-term investors.
9%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Olney, IL is approximately $950 per month, making it a competitive market for renters.
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