Multi Family Investment Properties for Sale in Carbondale, IL
$ 224,900
ROI
27.1
Cash Flow/m
460- 3 Bed
- 2 Bath
- 2376 sft
1012 Villa Ct, Carbondale, IL, 62901
$ 175,000
ROI
31.2Cash Flow/m
559- 8 Bed
- 4 Bath
- - sft
500 N Westridge Dr, Carbondale, IL, 62901
$ 159,900
ROI
32.7Cash Flow/m
575- 4 Bed
- 2 Bath
- - sft
6717 Giant City Rd, Carbondale, IL, 62902
Currently Rented
Rental Income
$ 124,000
ROI
27.5Cash Flow/m
266- 3 Bed
- 2 Bath
- - sft
2331 S Illinois Ave, Carbondale, IL, 62903
Why Invest in Carbondale, Illinois?
Investing in multi-family properties in Carbondale, IL offers great potential with an average rental yield of 8%. As a university town, demand for rental units remains strong, contributing to consistent cash flow and property appreciation. The local economy is supported by Southern Illinois University, enhancing job growth and income stability.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Carbondale is approximately $800 per month, making it an affordable option for renters.
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