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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
$ 250,000
ROI
19.9
Cash Flow/m
10- 4 Bed
- 4 Bath
- 2733 sft
532 Taake Ln, Troy, IL, 62294

$ 249,900
ROI
25.9
Cash Flow/m
427- 3 Bed
- 3 Bath
- 1120 sft
500 Lindenwood Dr, Troy, IL, 62294

$ 169,900
ROI
22.0
Cash Flow/m
105- 3 Bed
- 1 Bath
- 864 sft
706 Merlin Ct, Troy, IL, 62294

$ 295,000
ROI
25.5
Cash Flow/m
470- 3 Bed
- 3 Bath
- 1663 sft
65 Ashbrooke, 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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