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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 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 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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