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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 4 days ago
$ 199,900
ROI
21.8
Cash Flow/m
112- 3 Bed
- 2 Bath
- 1536 sft
1401 Jason Ln, Olney, IL, 62450
Listed for sale 6 days ago
$ 199,900
ROI
23.0Cash Flow/m
181- 3 Bed
- 2 Bath
- 2245 sft
525 N Jefferson St, OLNEY, IL, 62450
Listed for sale 7 days ago
$ 219,900
ROI
20.6Cash Flow/m
49- 4 Bed
- 3 Bath
- 2387 sft
435 E North Ave, Olney, IL, 62450
$ 297,500
ROI
23.0Cash Flow/m
267- 4 Bed
- 3 Bath
- - sft
1203 Jonathan Dr, 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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