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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
Listed for sale 1 day ago
$ 300,000
ROI
25.0
Cash Flow/m
439- 3 Bed
- 2 Bath
- 1508 sft
2420 Roxbury Ln, Montgomery, IL, 60538
Rental Income
$ 285,000
ROI
26.6Cash Flow/m
543- 3 Bed
- 3 Bath
- 1012 sft
521 S Railroad St, Montgomery, IL, 60538
$ 269,900
ROI
25.2Cash Flow/m
412- 2 Bed
- 1 Bath
- 1078 sft
2468 Roxbury Ln, Montgomery, IL, 60538
$ 264,900
ROI
26.1Cash Flow/m
471- 2 Bed
- 2 Bath
- 1508 sft
2459 Mayfield Dr, 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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