Under $300K Investment Properties for Sale in Carlinville, IL
Listed for sale 5 days ago
$ 129,900
ROI
23.6
Cash Flow/m
138- 3 Bed
- 2 Bath
- 1200 sft
325 Ellison St, Carlinville, IL, 62626
$ 124,000
ROI
22.6Cash Flow/m
99- 3 Bed
- 1 Bath
- 1153 sft
414 W 1st South St, Carlinville, IL, 62626
$ 235,000
ROI
20.1Cash Flow/m
21- 3 Bed
- 4 Bath
- 2766 sft
320 Hillcrest Dr, Carlinville, IL, 62626
$ 194,900
ROI
22.8Cash Flow/m
167- 3 Bed
- 2 Bath
- 1899 sft
111 Bradley Dr, 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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