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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
$ 298,000
ROI
25.9
Cash Flow/m
507- 4 Bed
- 3 Bath
- - sft
428 Vance Dr, Olney, IL, 62450
$ 160,000
ROI
22.6Cash Flow/m
125- 4 Bed
- 2 Bath
- 1701 sft
121 N Ludlow St, Olney, IL, 62450
$ 159,000
ROI
20.6Cash Flow/m
36- 3 Bed
- 2 Bath
- - sft
225 S Richland St, Olney, IL, 62450
$ 379,000
ROI
19.9Cash Flow/m
15- 4 Bed
- 4 Bath
- 2000 sft
4424 E Miller Grove 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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