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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
$ 399,000
ROI
24.1
Cash Flow/m
487- 3 Bed
- 3 Bath
- 2322 sft
117 Northwoods Dr, Troy, IL, 62294
Listed for sale 7 days ago
$ 538,000
ROI
22.0Cash Flow/m
289- 4 Bed
- 4 Bath
- 2843 sft
8444 Cryder Lane Ct, Troy, IL, 62294
Fix & Flip
$ 250,000
ROI
19.9Cash Flow/m
10- 4 Bed
- 4 Bath
- 2733 sft
532 Taake Ln, Troy, IL, 62294
$ 360,000
ROI
21.0Cash Flow/m
119- 3 Bed
- 3 Bath
- 1476 sft
7300 Fulham Ln #B, 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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