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

Multi Family Investment Properties for Sale in Ottawa, IL

Property at 2114 Mary Ln, Ottawa, IL
Listed for sale 6 days ago
$ 220,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign154
  • 3 Bed
  • 2 Bath
  • 1300 sft
2114 Mary Ln, Ottawa, IL, 61350
Property at 2708 Deer Ct, Ottawa, IL
$ 235,000
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign530
  • 4 Bed
  • 3 Bath
  • 1620 sft
2708 Deer Ct, Ottawa, IL, 61350
Property at 416 Palmor Dr, Ottawa, IL
$ 194,900
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign328
  • 3 Bed
  • 2 Bath
  • 1495 sft
416 Palmor Dr, Ottawa, IL, 61350
Property at 611 Webster St, Ottawa, IL
Currently Rented
Rental Income
$ 199,900
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign293
  • 3 Bed
  • 2 Bath
  • - sft
611 Webster St, Ottawa, IL, 61350

Why Invest in Ottawa, Illinois?

Investing in multi-family properties in Ottawa, IL offers a promising opportunity due to its stable rental market and community growth. The city's attractive rental yields and appreciating property values can be advantageous for investors seeking steady cash flow. With a cap rate averaging around 8%, Ottawa ensures that your investment can provide competitive returns.

12%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for multi-family properties in Ottawa, IL is approximately $1,200 per month, making it an attractive option for renters and investors alike.

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