Under $300K Investment Properties for Sale in Montgomery, IL
Listed for sale 3 days ago
$ 209,900
ROI
20.0
Cash Flow/m
13- 3 Bed
- 2 Bath
- 864 sft
6 Guilford Rd, Montgomery, IL, 60538
Listed for sale 4 days ago
$ 269,900
ROI
28.4Cash Flow/m
648- 3 Bed
- 2 Bath
- - sft
124 Riverside Dr, Montgomery, IL, 60538
$ 294,900
ROI
25.9Cash Flow/m
503- 3 Bed
- 2 Bath
- 936 sft
2304 Countryside Ave, Montgomery, IL, 60538
$ 210,000
ROI
33.8Cash Flow/m
818- 2 Bed
- 2 Bath
- 952 sft
2828 Rebecca Ct, 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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