Investment Properties Under $300K in Mendota, IL | Ziffy.ai
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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

Property at 1007 Michigan Ave, Mendota, IL
Fix & Flip
Listed for sale 2 days ago
$ 129,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign128
  • 3 Bed
  • 1 Bath
  • 1266 sft
1007 Michigan Ave, Mendota, IL, 61342
Property at 111 6th Ave, Mendota, IL
Listed for sale 6 days ago
$ 136,500
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign193
  • 3 Bed
  • 1 Bath
  • 910 sft
111 6th Ave, Mendota, IL, 61342
Property at 101 7th St, Mendota, IL
$ 155,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign157
  • 4 Bed
  • 2 Bath
  • 1254 sft
101 7th St, Mendota, IL, 61342
Property at 1711 Peri Dr, Mendota, IL
$ 299,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign239
  • 3 Bed
  • 2 Bath
  • 3215 sft
1711 Peri Dr, 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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