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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mount Prospect, IL
Listed for sale today
$ 305,000
ROI
23.2
Cash Flow/m
292- 3 Bed
- 2 Bath
- 1500 sft
1727 W Crystal Ln Unit 611, Mount Prospect, IL, 60056
Listed for sale today
$ 410,000
ROI
27.2Cash Flow/m
853- 3 Bed
- 2 Bath
- 1414 sft
601 E Dogwood Ln, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale today
$ 439,900
ROI
22.7Cash Flow/m
365- 3 Bed
- 2 Bath
- 2036 sft
1814 W Catalpa Ln, Mount Prospect, IL, 60056
Listed for sale 1 day ago
$ 399,000
ROI
29.3Cash Flow/m
1060- 3 Bed
- 2 Bath
- 1300 sft
907 S Elmhurst Rd, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Mount Prospect, IL, is a locality with promising rental yield opportunities, particularly with its high rental demand. Investors can expect an average rental yield of approximately 7%, with cap rates hovering around 8%. The median home price remains affordable compared to nearby urban centers, ensuring attractive cash flows with low vacancy rates.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Rental prices in Mount Prospect average around $2,000 per month, making it a competitive market for landlords and a viable option for tenants seeking affordable housing.
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