Investment Properties Under $300K in Olney, IL | Ziffy.ai
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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

Property at 2304 Mimosa Dr, Olney, IL
Listed for sale 3 days ago
$ 199,900
ROI
30.2ROI percentage
Cash Flow/m
Dollar sign580
  • 3 Bed
  • 2 Bath
  • 1566 sft
2304 Mimosa Dr, Olney, IL, 62450
Property at 215 E Harmon Ave, Olney, IL
$ 129,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign136
  • 3 Bed
  • 2 Bath
  • 1150 sft
215 E Harmon Ave, Olney, IL, 62450
Property at 908 Imperial Dr, Olney, IL
$ 139,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign150
  • 2 Bed
  • 2 Bath
  • 1168 sft
908 Imperial Dr, Olney, IL, 62450
Property at 707 Kennedy St, Olney, IL
$ 175,000
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign100
  • 4 Bed
  • 3 Bath
  • 1537 sft
707 Kennedy St, 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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