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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Montgomery, IL
$ 290,000
ROI
30.8
Cash Flow/m
890- 3 Bed
- 3 Bath
- 1794 sft
1836 Candlelight Cir #1836, Montgomery, IL, 60538
$ 290,000
ROI
37.8Cash Flow/m
1459- 3 Bed
- 3 Bath
- 1500 sft
323 Clinton St #0, Montgomery, IL, 60538
$ 298,000
ROI
30.3Cash Flow/m
878- 3 Bed
- 3 Bath
- 1581 sft
1863 Candlelight Cir #1863, Montgomery, IL, 60538
$ 265,000
ROI
19.8Cash Flow/m
4- 3 Bed
- 3 Bath
- 1620 sft
2142 Gallant Fox Cir #1, Montgomery, IL, 60538
Why Invest in Montgomery, Illinois?
Investing in condos in Montgomery, IL can be a lucrative opportunity, especially given the area's moderate appreciation rates and strong rental demand. With a rising number of renter-occupied units, the potential for stable cash flows is promising for investors. The average rental yield of 6.5% and cap rate of 7.8% make it an attractive market for both new and seasoned investors.
12%
Avg. ROI
6.5%
Rental Yield
7.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Montgomery, IL is approximately $1,200 per month. This rate reflects the growing demand and decent living conditions in the area.
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