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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 3 days ago
$ 199,900
ROI
30.2
Cash Flow/m
580- 3 Bed
- 2 Bath
- 1566 sft
2304 Mimosa Dr, Olney, IL, 62450

$ 129,900
ROI
23.5
Cash Flow/m
136- 3 Bed
- 2 Bath
- 1150 sft
215 E Harmon Ave, Olney, IL, 62450

$ 139,900
ROI
23.6
Cash Flow/m
150- 2 Bed
- 2 Bath
- 1168 sft
908 Imperial Dr, Olney, IL, 62450

$ 175,000
ROI
21.8
Cash Flow/m
100- 4 Bed
- 3 Bath
- 1537 sft
707 Kennedy St, 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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