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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mount Vernon, IL
Listed for sale 6 days ago
$ 235,000
ROI
20.2
Cash Flow/m
27- 3 Bed
- 2 Bath
- 1800 sft
8340 N Cherryville Ln, Mount Vernon, IL, 62864
Fix & Flip
$ 105,000
ROI
23.2Cash Flow/m
102- 2 Bed
- 1 Bath
- 1480 sft
19855 N Prior Ln, Mount vernon, IL, 62864
$ 400,000
ROI
22.4Cash Flow/m
292- 3 Bed
- 4 Bath
- 3094 sft
15558 E Country Meadows Rd, Mount Vernon, IL, 62864
$ 207,000
ROI
27.3Cash Flow/m
433- 3 Bed
- 2 Bath
- 1552 sft
4304 Woodglen Ln, Mount Vernon, IL, 62864
Why Invest in Mount Vernon, Illinois?
Investing in Mount Vernon, IL, offers excellent opportunities especially in the single-family rental market. With strong rental yields and average cash flow, it's a promising location for real estate investors. The area has seen stable appreciation rates, making it a worthwhile consideration for your investment portfolio.
8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Mount Vernon is around $1,200 per month. This provides a competitive market for both investors and renters looking for affordable housing options.
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