Under $200K Investment Properties for Sale in Olney, IL
$ 199,900
ROI
22.0
Cash Flow/m
126- 2 Bed
- 2 Bath
- 1691 sft
902 Hall St, Olney, IL, 62450
$ 199,900
ROI
23.0Cash Flow/m
181- 3 Bed
- 2 Bath
- 2245 sft
525 N Jefferson St, OLNEY, IL, 62450
$ 120,000
ROI
22.9Cash Flow/m
105- 4 Bed
- 1 Bath
- 1898 sft
1103 W Mack Ave, Olney, IL, 62450
$ 199,900
ROI
21.8Cash Flow/m
112- 3 Bed
- 2 Bath
- 1536 sft
1401 Jason Ln, Olney, IL, 62450
Why Invest in Olney, Illinois?
Investing in Olney, IL, presents a unique opportunity for real estate purchasers looking for properties under $200k. The area boasts competitive rental yields and a steady appreciation rate, making it an attractive market for investors. With a strong demand for rental properties, especially at this price point, you can anticipate favorable cash flows and solid returns.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Olney, you can find a variety of single-family homes and investment properties listed for under $200k. These options typically include older homes that offer great renovation potential and newer homes that are ready for tenants.
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