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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Ottawa, IL
Listed for sale 1 day ago
$ 139,900
ROI
22.3
Cash Flow/m
100- 4 Bed
- 2 Bath
- 2590 sft
1112 Fulton St, Ottawa, IL, 61350
$ 229,900
ROI
28.6Cash Flow/m
565- 4 Bed
- 2 Bath
- 1749 sft
1832 La Salle St, OTTAWA, IL, 61350
Listed for sale 5 days ago
$ 154,900
ROI
22.8Cash Flow/m
130- 2 Bed
- 2 Bath
- 1074 sft
126 E Glover St, Ottawa, IL, 61350
Listed for sale 6 days ago
$ 220,000
ROI
22.3Cash Flow/m
154- 3 Bed
- 2 Bath
- 1300 sft
2114 Mary Ln, Ottawa, IL, 61350
Why Invest in Ottawa, Illinois?
Investing in properties under $300k in Ottawa, IL, offers a unique opportunity for investors seeking affordable real estate options. With a strong rental market and an average cash flow that is appealing to many, Ottawa is an enticing choice for savvy investors. The city's economic growth and stability also contribute to a robust appreciation rate worth considering.
8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
In Ottawa, you can find a variety of properties including single-family homes, small multifamily units, and sometimes condos. These options cater to both investors and first-time homebuyers.
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