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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Carlinville, IL
Listed for sale 6 days ago
$ 115,000
ROI
23.6
Cash Flow/m
124- 2 Bed
- 1 Bath
- 840 sft
1006 Crittenden St, Carlinville, IL, 62626
$ 199,900
ROI
24.4Cash Flow/m
256- 3 Bed
- 1 Bath
- 1540 sft
1217 E Nicholas St, Carlinville, IL, 62626
$ 130,000
ROI
22.9Cash Flow/m
112- 3 Bed
- 2 Bath
- - sft
417 Sumner St, Carlinville, IL, 62626
$ 270,000
ROI
29.1Cash Flow/m
706- 3 Bed
- 3 Bath
- 2421 sft
2 Hickory Ln, Carlinville, IL, 62626
Why Invest in Carlinville, Illinois?
Investing in Carlinville, IL opens doors to affordable housing opportunities under $300k. This charming city features a stable rental market with a rental yield of around 8% and a favorable cap rate of about 6%. With a growing community and a median appreciation rate of 4%, investors can expect both short-term returns and long-term value.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Carlinville is approximately $220,000, with many options available under $300k, making it an attractive area for investors.
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