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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Montgomery, IL
Listed for sale today
$ 295,000
ROI
25.5
Cash Flow/m
474- 3 Bed
- 1 Bath
- 1164 sft
16 Afton Dr, Montgomery, IL, 60538
Listed for sale 1 day ago
$ 300,000
ROI
25.0Cash Flow/m
439- 3 Bed
- 2 Bath
- 1508 sft
2420 Roxbury Ln, Montgomery, IL, 60538
Listed for sale 2 days ago
$ 299,900
ROI
25.0Cash Flow/m
440- 3 Bed
- 2 Bath
- 1684 sft
4 Barclay Ct, Montgomery, IL, 60538
Listed for sale 7 days ago
$ 285,000
ROI
26.6Cash Flow/m
543- 3 Bed
- 1 Bath
- 1000 sft
1232 Lebanon St, Montgomery, IL, 60538
Why Invest in Montgomery, Illinois?
Investing in Montgomery, IL offers opportunities for properties under $300k, making it an attractive option for first-time buyers and investors. With a rising demand for affordable housing, you can expect a solid rental market and competitive returns. The area boasts a strong community and access to essential services and amenities, providing a solid investment foundation.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Montgomery is approximately $1,200 per month, making it an affordable choice for renters. Investors can expect a solid rental market given the competitive pricing.
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