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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Mount Prospect, IL
Listed for sale today
$ 190,000
ROI
24.3
Cash Flow/m
239- 1 Bed
- 1 Bath
- 750 sft
725 W Huntington Commons Rd APT 416, Mount Prospect, IL, 60056
$ 110,000
ROI
22.6Cash Flow/m
87- - Bed
- 1 Bath
- 700 sft
703 W Central Rd APT A2, Mount Prospect, IL, 60056
$ 199,999
ROI
20.7Cash Flow/m
53- 1 Bed
- 1 Bath
- 788 sft
280 N Westgate Rd APT 232, Mount Prospect, IL, 60056
$ 159,000
ROI
20.5Cash Flow/m
35- 1 Bed
- 1 Bath
- 700 sft
715 W Central Rd APT A1, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Investing in properties under $200k in Mount Prospect offers a unique opportunity for real estate investors. With a median home price that remains lower than surrounding suburbs, the potential for high rental yields is promising. The area showcases a stable job market and growing population, making it an attractive spot for rentals.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
In Mount Prospect, you can find a variety of options including single-family homes, condos, and townhomes under $200k. These properties are ideal for first-time home buyers and investors looking for affordable investments.
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