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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
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
Listed for sale 3 days ago
$ 415,000
ROI
23.7Cash Flow/m
457- 3 Bed
- 2 Bath
- 1296 sft
416 N Main St, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale 5 days ago
$ 474,900
ROI
21.2Cash Flow/m
186- 4 Bed
- 3 Bath
- 2990 sft
114 N Lancaster St, Mount Prospect, IL, 60056
Listed for sale 6 days ago
$ 425,000
ROI
24.3Cash Flow/m
532- 4 Bed
- 2 Bath
- 2121 sft
607 S George 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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