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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 3 days ago
$ 134,626
ROI
22.1
Cash Flow/m
87- 2 Bed
- 1 Bath
- 1802 sft
907 Retz Dr, Ottawa, IL, 61350
Listed for sale 7 days ago
$ 129,900
ROI
23.3Cash Flow/m
128- 3 Bed
- 2 Bath
- 2241 sft
151 Jones St, Ottawa, IL, 61350
Rental Income
$ 119,000
ROI
23.4Cash Flow/m
122- 2 Bed
- 1 Bath
- 982 sft
413 W Jackson St, Ottawa, IL, 61350
$ 179,000
ROI
28.6Cash Flow/m
438- 3 Bed
- 2 Bath
- 1572 sft
648 Webster 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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