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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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 properties under $200k in Mendota, Illinois could be a lucrative opportunity due to the town's affordable housing market. With a growing rental market and an affordable entry point, investors can benefit from competitive rental yields and reasonable cap rates. The median rental price in the area continues to rise, making it an attractive option for long-term investments.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Mendota offers affordable property prices with the potential for solid rental yields. Investors can benefit from a growing rental market and a stable economy, making it an appealing location for investment.
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