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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Troy, IL
Listed for sale 3 days ago
$ 379,900
ROI
28.3
Cash Flow/m
905- 5 Bed
- 2 Bath
- 2513 sft
625 Buckingham Dr, Troy, IL, 62294
Fix & Flip
$ 255,000
ROI
25.3Cash Flow/m
391- 3 Bed
- 3 Bath
- 1834 sft
111 Theresa Dr, Troy, IL, 62294
$ 510,000
ROI
24.7Cash Flow/m
643- 4 Bed
- 3 Bath
- 2912 sft
540 Glendale Dr, Troy, IL, 62294
$ 285,000
ROI
28.5Cash Flow/m
693- 3 Bed
- 3 Bath
- 1598 sft
516 Lanahan Dr, Troy, IL, 62294
Why Invest in Troy, Illinois?
Investing in Troy, IL, offers promising opportunities for rental properties, particularly for those looking into multi-family units. The region boasts a favorable climate for investors with a strong average rental yield of 8% and a cap rate of 10%. Moreover, with an average home appreciation rate of 5% over the past few years, it's an attractive market for growing wealth.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Troy, IL, is approximately $1,200 per month. This reflects the affordability and appeal of the area for renters.
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