Is Montgomery, IL a good place to invest in rental property?

Montgomery, IL has a median modeled monthly cash flow of $-869 and a median cap rate of 3.9%, on a median sold price of $385,000. Prices changed +5.6% year over year.

What is the average cap rate in Montgomery, IL?

The median cap rate across recently sold homes in Montgomery, IL is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Montgomery, IL?

The median sold price in Montgomery, IL is $385,000 (about $189 per square foot).

Investing in Montgomery, IL Real Estate

A data-driven snapshot of the Montgomery, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$385,000Median sold price

$189Median $/sqft

3.9%Median cap rate

$-869Modeled cash flow / mo

+5.6%Appreciation YoY

6.9Months of supply

131Active listings

227Sold (last 12 mo)

What the Montgomery numbers say

In Montgomery, IL, the median home sold for $385,000 (about $189 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-869 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 6.9 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Montgomery cash-flowing listings

CashFlowRE ranks every for-sale home in Montgomery, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Montgomery deals, or browse the national market data.