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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 2 days ago
$ 440,000
ROI
21.1
Cash Flow/m
168- 2 Bed
- 2 Bath
- 1326 sft
109 W Berkshire Ln, Mount Prospect, IL, 60056
Listed for sale 2 days ago
$ 499,000
ROI
19.9Cash Flow/m
19- 4 Bed
- 3 Bath
- 1169 sft
805 E Ironwood Dr, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale 3 days ago
$ 499,900
ROI
19.9Cash Flow/m
13- 4 Bed
- 3 Bath
- 1826 sft
24 N Emerson St, Mount Prospect, IL, 60056
Listed for sale 3 days ago
$ 600,000
ROI
22.5Cash Flow/m
404- 4 Bed
- 3 Bath
- 1884 sft
100 N Eastwood Ave, 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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