Under $500K 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 3 days ago
$ 400,000
ROI
26.6Cash Flow/m
766- 5 Bed
- 3 Bath
- 2325 sft
2789 Avalon Ln, Montgomery, IL, 60538
Listed for sale 4 days ago
$ 350,000
ROI
20.6Cash Flow/m
80- 2 Bed
- 2 Bath
- 1224 sft
127 S River St, Montgomery, IL, 60538
Listed for sale 4 days ago
$ 425,000
ROI
24.6Cash Flow/m
571- 4 Bed
- 3 Bath
- 2860 sft
2405 Simon Ct, Montgomery, IL, 60538
Why Invest in Montgomery, Illinois?
Investing in Montgomery, IL, offers a promising opportunity for properties priced under $500k. With an average rental yield of around 6% and a cap rate of 8%, this suburban area is drawing attention from savvy investors looking for lucrative returns. The increasing demand for affordable housing makes this market particularly appealing.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Montgomery, IL is approximately $1,200 per month, making it an affordable option for renters.
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