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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mendon, IL
$ 115,000
ROI
22.9
Cash Flow/m
101- 2 Bed
- 1 Bath
- 1376 sft
501 N Chestnut St, Mendon, IL, 62351
$ 135,500
ROI
23.4Cash Flow/m
137- 3 Bed
- 1 Bath
- 1145 sft
442 W Collins St, Mendon, IL, 62351
$ 199,900
ROI
29.8Cash Flow/m
559- 4 Bed
- 3 Bath
- 1618 sft
221 W Washington St, Mendon, IL, 62351
$ 219,900
ROI
29.3Cash Flow/m
582- 3 Bed
- 2 Bath
- 1950 sft
319 E Washington St, Mendon, IL, 62351
Why Invest in Mendon, Illinois?
Investing in Mendon, IL offers high rental yields, especially appealing for landlords looking to maximize their returns. With a rental yield of 8.5%, investors can benefit from a healthy cash flow while enjoying steady appreciation rates at 4%.
12%
Avg. ROI
8.5%
Rental Yield
9.5%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mendon, IL is approximately 8.5%, making it an attractive option for real estate investors.
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