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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
$ 258,000
ROI
20.5
Cash Flow/m
57- 2 Bed
- 2 Bath
- 1200 sft
502 W Huntington Commons Rd APT 443, Mount Prospect, IL, 60056
$ 279,000
ROI
25.8Cash Flow/m
465- 3 Bed
- 2 Bath
- - sft
1176 N Boxwood Dr #A, Mount Prospect, IL, 60056
$ 209,000
ROI
22.5Cash Flow/m
160- 1 Bed
- 1 Bath
- 750 sft
725 W Huntington Commons Rd APT 416, Mount Prospect, IL, 60056
$ 289,000
ROI
20.0Cash Flow/m
19- 2 Bed
- 2 Bath
- - sft
1101 S Hunt Club Dr APT 403, 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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