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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Olney, IL
Fix & Flip
$ 164,900
ROI
22.6
Cash Flow/m
131- 5 Bed
- 2 Bath
- 2740 sft
403 S Elliott St, Olney, IL, 62450
Fix & Flip
$ 190,000
ROI
26.1Cash Flow/m
338- 4 Bed
- 3 Bath
- 2100 sft
812 N West St, Olney, IL, 62450
Fix & Flip
$ 200,000
ROI
20.3Cash Flow/m
32- 3 Bed
- 2 Bath
- 850 sft
1204 N Morgan St, Olney, IL, 62450
Fix & Flip
$ 154,000
ROI
22.8Cash Flow/m
132- 3 Bed
- 2 Bath
- 1440 sft
309 E Monroe St, Olney, IL, 62450
Why Invest in Olney, Illinois?
Investing in fix-and-flip opportunities in Olney, IL can be lucrative due to the area's growing rental demand and affordable property prices. With an average cash flow projected around $300, investors can expect decent returns in this market, alongside an appreciation rate of 2.5%.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix-and-flip properties in Olney is around 15%, making it a potentially profitable investment opportunity.
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