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

Investment Properties for Sale in Mendota, IL

Property at 505 2nd St, Mendota, IL
Listed for sale 1 day ago
$ 184,500
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign176
  • 3 Bed
  • 2 Bath
  • 2740 sft
505 2nd St, Mendota, IL, 61342
Property at 805 S Park Ave, Mendota, IL
Listed for sale 6 days ago
$ 279,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign324
  • 3 Bed
  • 2 Bath
  • 1458 sft
805 S Park Ave, Mendota, IL, 61342
Property at 1104 4th Ave, Mendota, IL
$ 199,000
ROI
30.0ROI percentage
Cash Flow/m
Dollar sign567
  • 3 Bed
  • 2 Bath
  • 1568 sft
1104 4th Ave, Mendota, IL, 61342
Property at 301 9th St, Mendota, IL
$ 231,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign247
  • 3 Bed
  • 2 Bath
  • 1512 sft
301 9th 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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