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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 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
$ 250,000
ROI
30.6Cash Flow/m
757- 3 Bed
- 3 Bath
- 1641 sft
430 Reid Ave, Troy, IL, 62294
Why Invest in Troy, Illinois?
Investing in residential properties under $300k in Troy, IL, offers a unique opportunity for both first-time investors and seasoned real estate professionals. With reasonable home prices and a growing rental market, Troy's real estate landscape presents favorable conditions for cash flow. The average rent is competitive, ensuring a steady income stream.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Troy, IL, is currently around $250k, which offers various options for investment, especially for those looking to spend under $300k.
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