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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Montgomery, IL
Listed for sale today
$ 335,000
ROI
28.8
Cash Flow/m
840- 5 Bed
- 3 Bath
- 1883 sft
49 Briarcliff Rd, Montgomery, IL, 60538
Listed for sale 2 days ago
$ 475,000
ROI
21.3Cash Flow/m
201- 5 Bed
- 5 Bath
- 3134 sft
2862 Brian Ln, Montgomery, IL, 60538
Listed for sale 3 days ago
$ 360,000
ROI
20.0Cash Flow/m
23- 3 Bed
- 2 Bath
- 1571 sft
210 Hartway Ct, Montgomery, IL, 60538
Listed for sale 6 days ago
$ 335,000
ROI
27.0Cash Flow/m
680- 3 Bed
- 2 Bath
- 1144 sft
16 Somerset Rd, Montgomery, IL, 60538
Why Invest in Montgomery, Illinois?
Investing in Montgomery, IL, especially in multi-family properties, offers attractive opportunities for real estate investors. The area boasts a robust rental market characterized by a competitive average rent of $1,200, alongside a steady cap rate of 7%. With local job growth projected at 2% and a renter-occupied rate of 80%, Montgomery provides a solid foundation for long-term investment success.
12%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
As of the latest data, the average rent in Montgomery, IL is approximately $1,200 per month for multi-family properties.
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