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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
23.0
Cash 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
20.6
Cash Flow/m
49- 4 Bed
- 3 Bath
- 2387 sft
435 E North Ave, Olney, IL, 62450

$ 297,500
ROI
23.0
Cash Flow/m
267- 4 Bed
- 3 Bath
- - sft
1203 Jonathan Dr, Olney, IL, 62450
Why Invest in Olney, Illinois?
Investing in properties under $300,000 in Olney, IL offers a unique opportunity for high return on investment. With a favorable average cash flow and attractive rental yields, this market is ideal for both beginner and seasoned investors looking to expand their portfolio. The stable demand for rental properties bolsters the potential for appreciation in this vibrant community.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for properties in Olney, IL is approximately $900 per month, offering reasonable options for both tenants and investors.
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