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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Short Term Rental Investment Properties for Sale in Carlyle, IL
Airbnb Potential
$ 119,900
ROI
24.5
Cash Flow/m
158- 4 Bed
- 2 Bath
- 2304 sft
530 Joseph St, Carlyle, IL, 62231
Airbnb Potential
Rental Income
$ 116,900
ROI
28.5Cash Flow/m
285- 1 Bed
- 1 Bath
- 638 sft
21619 Oriole Ln, Carlyle, IL, 62231
Airbnb Potential
$ 149,000
ROI
22.1Cash Flow/m
96- 3 Bed
- 2 Bath
- 1288 sft
21839 Dove Ln, Carlyle, IL, 62231
Airbnb Potential
$ 245,000
ROI
25.1Cash Flow/m
362- 3 Bed
- 2 Bath
- 1364 sft
18445 Oak Dr, Carlyle, IL, 62231
Why Invest in Carlyle, Illinois?
Investing in short-term rentals in Illinois can offer stable returns, especially in regions with increasing tourism. With an average rental yield around 7%, savvy investors can capitalize on the state's growing demand for vacation rentals, backed by a consistent appreciation rate of 4%. Additionally, low vacancy rates and high occupancy trends make this a lucrative investment opportunity.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Short-term rental regulations in Illinois vary by locality. It's essential to check with local authorities for specific rules regarding permits and zoning.
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