Investment Properties Under $200K in Mendon, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Mendon, IL

Property at 129 E High St, Mendon, IL
$ 140,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign201
  • 2 Bed
  • 1 Bath
  • 1242 sft
129 E High St, Mendon, IL, 62351
Property at 514 W Washington St, Mendon, IL
$ 181,000
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign414
  • 4 Bed
  • 2 Bath
  • 2080 sft
514 W Washington St, Mendon, IL, 62351
Property at 344 S State Rd, Mendon, IL
$ 120,000
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign317
  • 2 Bed
  • 1 Bath
  • 1523 sft
344 S State Rd, Mendon, IL, 62351
Property at 214 N Chestnut St, Mendon, IL
$ 179,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign184
  • 4 Bed
  • 2 Bath
  • 2340 sft
214 N Chestnut St, Mendon, IL, 62351

Why Invest in Mendon, Illinois?

Investing in Mendon, IL offers an excellent opportunity for properties under $200k. With affordable housing prices, investors can expect to see viable cash flow and favorable rental yields, thanks to a stable rental market. The local economy continues to show resilience, making it an attractive place for long-term investment.

8.5%
Avg. ROI
5.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental price in Mendon, IL is approximately $900 per month, making it an affordable option for renters.

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