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

$ 164,900
ROI
23.3
Cash Flow/m
161- 4 Bed
- 2 Bath
- 1837 sft
209 8th Ave, Mendota, IL, 61342

$ 132,400
ROI
23.0
Cash Flow/m
119- 3 Bed
- 1 Bath
- 864 sft
1510 Guiles Ave, Mendota, IL, 61342

Fix & Flip
$ 114,900
ROI
22.4
Cash Flow/m
84- 3 Bed
- 2 Bath
- 1204 sft
404 5th Ave, Mendota, IL, 61342

$ 149,000
ROI
22.3
Cash Flow/m
104- 3 Bed
- 2 Bath
- 1843 sft
806 16th St, 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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