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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Troy, IL
Fix & Flip
$ 210,000
ROI
26.1
Cash Flow/m
372- 4 Bed
- 2 Bath
- 1537 sft
202 Byrn St, Troy, IL, 62294
$ 425,000
ROI
26.3Cash Flow/m
775- 4 Bed
- 3 Bath
- 3040 sft
98 Stonebrooke, Troy, IL, 62294
$ 270,000
ROI
23.6Cash Flow/m
287- 3 Bed
- 2 Bath
- 1629 sft
510 Creekside Dr, Troy, IL, 62294
$ 215,000
ROI
20.6Cash Flow/m
50- 3 Bed
- 2 Bath
- 1630 sft
102 W High St, 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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