Under $300K Investment Properties for Sale in Mendota, IL
Listed for sale 6 days ago
$ 259,900
ROI
21.2
Cash Flow/m
105- 3 Bed
- 2 Bath
- 1458 sft
805 S Park Ave, Mendota, IL, 61342
$ 134,900
ROI
22.4Cash Flow/m
98- 3 Bed
- 1 Bath
- 1076 sft
1412 Meriden St, Mendota, IL, 61342
$ 179,900
ROI
27.4Cash Flow/m
384- 3 Bed
- 2 Bath
- 1008 sft
107 Orchard Ave, Mendota, IL, 61342
$ 132,500
ROI
22.0Cash Flow/m
81- 3 Bed
- 2 Bath
- 1863 sft
607 5th 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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