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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Mendon, IL

$ 220,000
ROI
28.2
Cash Flow/m
518- 3 Bed
- 2 Bath
- 1836 sft
400 W Collins St, Mendon, IL, 62351

$ 140,000
ROI
24.9
Cash Flow/m
201- 2 Bed
- 1 Bath
- 1242 sft
129 E High St, Mendon, IL, 62351

$ 181,000
ROI
28.1
Cash Flow/m
414- 4 Bed
- 2 Bath
- 2080 sft
514 W Washington St, Mendon, IL, 62351

$ 120,000
ROI
29.3
Cash Flow/m
317- 2 Bed
- 1 Bath
- 1523 sft
344 S State Rd, Mendon, IL, 62351
Why Invest in Mendon, Illinois?
Investing in single-family homes in Illinois can be a lucrative opportunity. With average cash flows of around $1,500 per month, investors can enjoy stable returns. The rental yield and appreciation rates for the area have seen positive trends, making it a promising choice for long-term investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Mendon is approximately $2,500 per month, reflecting the area's growing demand for rental properties.
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