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 209 8th Ave, Mendota, IL
$ 164,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign161
  • 4 Bed
  • 2 Bath
  • 1837 sft
209 8th Ave, Mendota, IL, 61342
Property at 1510 Guiles Ave, Mendota, IL
$ 132,400
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign119
  • 3 Bed
  • 1 Bath
  • 864 sft
1510 Guiles Ave, Mendota, IL, 61342
Property at 404 5th Ave, Mendota, IL
Fix & Flip
$ 114,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign84
  • 3 Bed
  • 2 Bath
  • 1204 sft
404 5th Ave, Mendota, IL, 61342
Property at 806 16th St, Mendota, IL
$ 149,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign104
  • 3 Bed
  • 2 Bath
  • 1843 sft
806 16th 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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