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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Montgomery, IL
Listed for sale today
$ 310,000
ROI
23.9
Cash Flow/m
353- 3 Bed
- 2 Bath
- 1400 sft
40 Cayman Dr, Montgomery, IL, 60538
Fix & Flip
Listed for sale today
$ 210,000
ROI
20.1Cash Flow/m
17- 3 Bed
- 2 Bath
- 1165 sft
(Undisclosed Address), Montgomery, IL, 60538
Listed for sale today
$ 305,000
ROI
24.5Cash Flow/m
404- 3 Bed
- 1 Bath
- 1300 sft
69 Paddock St, Montgomery, IL, 60538
Listed for sale today
$ 460,000
ROI
22.4Cash Flow/m
332- 5 Bed
- 4 Bath
- 2682 sft
2639 Pecos Cir, 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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