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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mendota, IL
Listed for sale today
$ 204,800
ROI
19.9
Cash Flow/m
9- 3 Bed
- 3 Bath
- 1886 sft
1100 Meadowview Dr, Mendota, IL, 61342
Fix & Flip
Listed for sale 4 days ago
$ 135,900
ROI
22.1Cash Flow/m
89- 3 Bed
- 2 Bath
- 1424 sft
500 1st Ave, Mendota, IL, 61342
$ 182,000
ROI
23.0Cash Flow/m
167- 3 Bed
- 2 Bath
- 1680 sft
4045 E 475th Rd, Mendota, IL, 61342
$ 164,900
ROI
22.2Cash Flow/m
112- 3 Bed
- 2 Bath
- 1755 sft
405 8th St, Mendota, IL, 61342
Why Invest in Mendota, Illinois?
Investing in properties under $300k in Mendota, IL offers an attractive path for new and seasoned investors alike. With a growing median home price and decent rental yields, this market presents potential opportunities for cash flow and appreciation. Evaluating the low vacancy rates and stable demand can further enhance your investment strategy here.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for properties in Mendota is around $1,200, which shows a favorable rental yield for investors.
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