Investment Properties Under $500K in Olney, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Olney, IL

Property at 1401 Jason Ln, Olney, IL
Listed for sale 4 days ago
$ 199,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign112
  • 3 Bed
  • 2 Bath
  • 1536 sft
1401 Jason Ln, Olney, IL, 62450
Property at 525 N Jefferson St, OLNEY, IL
Listed for sale 6 days ago
$ 199,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign181
  • 3 Bed
  • 2 Bath
  • 2245 sft
525 N Jefferson St, OLNEY, IL, 62450
Property at 435 E North Ave, Olney, IL
Listed for sale 7 days ago
$ 219,900
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign49
  • 4 Bed
  • 3 Bath
  • 2387 sft
435 E North Ave, Olney, IL, 62450
Property at 1203 Jonathan Dr, Olney, IL
$ 297,500
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign267
  • 4 Bed
  • 3 Bath
  • - sft
1203 Jonathan Dr, Olney, IL, 62450

Why Invest in Olney, Illinois?

Investing in real estate in Illinois, specifically under $500k, presents a unique opportunity in a market with strong rental demand and affordable properties. With an average ROI of 8% and a rental yield of 5.5%, investors can benefit from solid cash flow while enjoying the potential for property appreciation. The diverse economy and steady job market create a stable foundation for long-term investments.

8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Illinois priced under $500k is approximately $1,200 per month, making it an affordable option for renters.

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