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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 today
$ 365,000
ROI
29.6
Cash Flow/m
1003- 4 Bed
- 3 Bath
- 3160 sft
109 Fairington Dr, Troy, IL, 62294
Listed for sale 3 days ago
$ 320,000
ROI
20.3Cash Flow/m
49- 4 Bed
- 3 Bath
- 3128 sft
97 Sugarmill Rd, Troy, IL, 62294
$ 460,000
ROI
26.7Cash Flow/m
886- 4 Bed
- 3 Bath
- 2866 sft
6 Coolidge Ct, Troy, IL, 62294
$ 229,900
ROI
28.6Cash Flow/m
565- 3 Bed
- 2 Bath
- 1793 sft
404 Lindenwood 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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