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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
$ 305,000
ROI
23.2
Cash Flow/m
292- 3 Bed
- 2 Bath
- 1500 sft
1727 W Crystal Ln Unit 611, Mount Prospect, IL, 60056
Listed for sale today
$ 410,000
ROI
27.2Cash Flow/m
853- 3 Bed
- 2 Bath
- 1414 sft
601 E Dogwood Ln, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale today
$ 439,900
ROI
22.7Cash Flow/m
365- 3 Bed
- 2 Bath
- 2036 sft
1814 W Catalpa Ln, Mount Prospect, IL, 60056
Listed for sale 1 day ago
$ 399,000
ROI
29.3Cash Flow/m
1060- 3 Bed
- 2 Bath
- 1300 sft
907 S Elmhurst Rd, 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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