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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Montgomery, IL
$ 225,000
ROI
34.3
Cash Flow/m
909- 2 Bed
- 2 Bath
- 934 sft
2822 Oakmont Dr, Montgomery, IL, 60538
$ 300,000
ROI
24.9Cash Flow/m
427- 2 Bed
- 3 Bath
- 1400 sft
2469 Hillsboro Ln, Montgomery, IL, 60538
$ 299,900
ROI
24.4Cash Flow/m
390- 2 Bed
- 2 Bath
- 934 sft
2246 Margaret Dr, Montgomery, IL, 60538
$ 230,000
ROI
33.4Cash Flow/m
875- 2 Bed
- 2 Bath
- 934 sft
2275 Rebecca Cir, Montgomery, IL, 60538
Why Invest in Montgomery, Illinois?
Montgomery, IL has emerged as a promising location for multifamily real estate investments. The rental market shows consistent demand with average rents increasing by approximately 3-4% annually. Investors can expect a cap rate around 6.5%, indicating a healthy return potential as the population continues to grow, driving rental yields higher.
8%
Avg. ROI
5.5%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a multifamily unit in Montgomery, IL is approximately $1,200. This figure has been steadily increasing due to growing demand in the housing market.
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