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

Fix & Flip
Listed for sale 2 days ago
$ 129,900
ROI
23.3
Cash Flow/m
128- 3 Bed
- 1 Bath
- 1266 sft
1007 Michigan Ave, Mendota, IL, 61342

Listed for sale 6 days ago
$ 136,500
ROI
24.9
Cash Flow/m
193- 3 Bed
- 1 Bath
- 910 sft
111 6th Ave, Mendota, IL, 61342

$ 155,000
ROI
23.4
Cash Flow/m
157- 4 Bed
- 2 Bath
- 1254 sft
101 7th St, Mendota, IL, 61342

$ 299,900
ROI
22.6
Cash Flow/m
239- 3 Bed
- 2 Bath
- 3215 sft
1711 Peri Dr, Mendota, IL, 61342
Why Invest in Mendota, Illinois?
Investing in Mendota, IL, particularly in rental properties, offers a unique opportunity with a rental yield of around 8.5%. This small city has been seeing steady appreciation, making it an attractive option for investors seeking long-term gains. With an average cash flow of $400 per month, Mendota presents an appealing market with strong renter occupancy rates at 91%.
10%
Avg. ROI
8.5%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Mendota, IL is approximately $950 per month, which presents good affordability as compared to surrounding areas.
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