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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 285,000
ROI
23.8Cash Flow/m
321- 2 Bed
- 1 Bath
- 1200 sft
214 N Cathy Ln, Mount Prospect, IL, 60056
$ 260,000
ROI
29.7Cash Flow/m
720- 2 Bed
- 2 Bath
- 1180 sft
502 W Huntington Commons Rd APT 340, Mount Prospect, IL, 60056
$ 284,900
ROI
21.2Cash Flow/m
111- 2 Bed
- 2 Bath
- 1200 sft
500 W Huntington Commons Rd APT 157, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Investing in Mount Prospect, IL, offers an excellent opportunity for those seeking properties under $300k. The suburb has consistent rental demand due to its proximity to Chicago, coupled with reasonable home prices. With an average ROI of 7%, a cap rate of 5.5%, and a rental yield of 6%, Mount Prospect stands as a solid market for cash flow.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price for properties under $300k in Mount Prospect typically ranges from $250k to $300k, making it an affordable choice for many investors.
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