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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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?
Mendota, Illinois, presents a unique opportunity for real estate investors focused on properties under $500K. With affordable housing options and a growing community, the local market offers promising metrics like an average rental yield of 6% and a cap rate of 8%. Investors can benefit from steady appreciation and low vacancy rates, making it an attractive choice for investment.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Mendota is around $1,000 per month, making it a cost-effective option for many residents.
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