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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mount Prospect, IL
Fix & Flip
Listed for sale today
$ 475,000
ROI
21.6
Cash Flow/m
245- 3 Bed
- 2 Bath
- 1436 sft
915 S Na Wa Ta Ave, Mount Prospect, IL, 60056
Listed for sale today
$ 499,900
ROI
19.9Cash Flow/m
13- 5 Bed
- 3 Bath
- 1424 sft
203 S See Gwun Ave, Mount Prospect, IL, 60056
Listed for sale 1 day ago
$ 389,900
ROI
27.5Cash Flow/m
836- 3 Bed
- 1 Bath
- 1512 sft
314 N Owen St, Mount Prospect, IL, 60056
Listed for sale 6 days ago
$ 495,000
ROI
20.1Cash Flow/m
47- 4 Bed
- 2 Bath
- 1733 sft
512 N Elm St, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Investing in Mount Prospect, IL, offers exceptional opportunities for properties under $500k. With a rental yield of around 6% and an average ROI of 10%, this suburban area attracts renters and provides a stable market for investors. Additionally, property appreciation is projected at 5% annually, making it a sound choice for long-term investment.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Mount Prospect are around $1,800 per month, making it a competitive market for both renters and landlords.
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