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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ottawa, IL
Listed for sale 4 days ago
$ 190,000
ROI
26.6
Cash Flow/m
362- 3 Bed
- 2 Bath
- 1400 sft
700 E Canal Ave, Ottawa, IL, 61350
Listed for sale 4 days ago
$ 147,500
ROI
22.4Cash Flow/m
110- 4 Bed
- 1 Bath
- 1002 sft
203 E Van Buren St, Ottawa, IL, 61350
Listed for sale 4 days ago
$ 126,000
ROI
23.4Cash Flow/m
129- 2 Bed
- 1 Bath
- - sft
816 W Madison St, Ottawa, IL, 61350
Fix & Flip
$ 114,612
ROI
23.0Cash Flow/m
103- 3 Bed
- 1 Bath
- 1104 sft
1410 Porter St, Ottawa, IL, 61350
Why Invest in Ottawa, Illinois?
Investing in Ottawa, IL presents an opportunity to acquire properties under $200k with promising potential returns. The area boasts a strong rental yield supported by a growing local economy and affordable housing options. Investors can expect stable appreciation trends and a solid cap rate, making it ideal for both new and experienced investors.
8.5%
Avg. ROI
7.2%
Rental Yield
9.1%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rental price in Ottawa is approximately $1,200 per month, varying based on property type and location.
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