High ROI Investment Properties for Sale in Mount Vernon, IL
Listed for sale 1 day ago
$ 122,900
ROI
26.2
Cash Flow/m
219- 2 Bed
- 1 Bath
- 884 sft
925 Airport Rd, 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
Listed for sale 4 days ago
$ 115,000
ROI
23.5Cash Flow/m
121- 3 Bed
- 2 Bath
- 1497 sft
702 N 12th St, Mount Vernon, IL, 62864
Listed for sale 7 days ago
$ 153,000
ROI
22.9Cash Flow/m
135- 3 Bed
- 2 Bath
- 1464 sft
620 Pear St, 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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