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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Mount Vernon, IL
Fix & Flip
$ 120,000
ROI
23.2
Cash Flow/m
115- 3 Bed
- 2 Bath
- 1296 sft
1715 Oakland Ave, Mount Vernon, IL, 62864
Fix & Flip
$ 150,000
ROI
22.1Cash Flow/m
98- 3 Bed
- 1 Bath
- 1560 sft
14735 E Loyola Rd, Mount Vernon, IL, 62864
Fix & Flip
$ 149,000
ROI
23.0Cash Flow/m
133- 4 Bed
- - Bath
- 1560 sft
69 Cherry Dr, Mount Vernon, IL, 62864
Fix & Flip
$ 120,000
ROI
41.2Cash Flow/m
714- 3 Bed
- 1 Bath
- 1028 sft
1420 N 17th St, Mount Vernon, IL, 62864
Why Invest in Mount Vernon, Illinois?
Investing in Mount Vernon, IL for fix-and-flip properties presents a unique opportunity with realistic returns. With an average cash flow of $400 per month and a respectable rental yield of 8%, this city benefits from ongoing economic development. The current cap rate stands at 10%, making it an attractive destination for investors eager for promising returns.
15%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mount Vernon is around 8%, making it a competitive market for real estate investors.
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