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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 1 day ago
$ 298,000
ROI
25.9
Cash Flow/m
507- 4 Bed
- 3 Bath
- - sft
428 Vance Dr, Olney, IL, 62450

$ 160,000
ROI
22.6
Cash Flow/m
125- 4 Bed
- 2 Bath
- 1701 sft
121 N Ludlow St, Olney, IL, 62450

$ 159,000
ROI
20.6
Cash Flow/m
36- 3 Bed
- 2 Bath
- - sft
225 S Richland St, Olney, IL, 62450

$ 125,000
ROI
23.6
Cash Flow/m
134- 3 Bed
- 2 Bath
- 1419 sft
1205 E Main 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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