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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Mount Vernon, IL
Listed for sale 1 day ago
$ 185,000
ROI
26.0
Cash Flow/m
320- 3 Bed
- 3 Bath
- 1709 sft
1020 N 18th St, Mount Vernon, IL, 62864
$ 125,000
ROI
24.2Cash Flow/m
153- 2 Bed
- 1 Bath
- 1296 sft
623 N 12th St, MOUNT VERNON, IL, 62864
Listed for sale 6 days ago
$ 215,000
ROI
22.2Cash Flow/m
147- 3 Bed
- 2 Bath
- 2150 sft
15665 N Angling Ln, Mount Vernon, IL, 62864
Listed for sale 6 days ago
$ 143,000
ROI
22.5Cash Flow/m
110- 3 Bed
- 2 Bath
- 2340 sft
15636 N Squire Ln, Mount Vernon, IL, 62864
Why Invest in Mount Vernon, Illinois?
Investing in Mount Vernon, IL, offers excellent opportunities for high ROI in real estate, particularly for rental properties. With an average rental yield around 8%, investors can capitalize on a growing rental market that showcases solid appreciation rates and a favorable cap rate of 9%. The vibrant local economy supports a strong rental demand, making this a prime area for investment.
10%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Mount Vernon's growing job market and increasing rental demand create solid investment opportunities. Its favorable cap rates and average rental yields make it especially appealing for property investors.
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