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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ottawa, IL
Listed for sale 5 days ago
$ 119,500
ROI
23.0
Cash Flow/m
106- 2 Bed
- 1 Bath
- 935 sft
706 E Joliet 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
$ 180,000
ROI
22.1Cash Flow/m
119- 2 Bed
- 1 Bath
- 936 sft
1428 Pickwick St, Ottawa, IL, 61350
Fix & Flip
Listed for sale 7 days ago
$ 199,500
ROI
27.1Cash Flow/m
409- 2 Bed
- 2 Bath
- 1008 sft
1200 Catherine St, Ottawa, IL, 61350
Why Invest in Ottawa, Illinois?
Investing in properties under $500k in Ottawa, IL, presents a unique opportunity for investors seeking affordable housing options. The market is characterized by attractive rental yields and potential for appreciation, making it an appealing choice for first-time investors and seasoned pros alike. With a rising population and increasing demand for rental properties, Ottawa offers a stable investment environment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in Ottawa offers affordable property prices and a growing rental market, ensuring good returns for investors. With a supportive economic environment and increasing demand, it is a smart choice for real estate investment.
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