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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Carlyle, IL
Listed for sale 1 day ago
$ 265,000
ROI
26.0
Cash Flow/m
458- 4 Bed
- 2 Bath
- 2609 sft
791 Clinton St, Carlyle, IL, 62231
Listed for sale 3 days ago
$ 199,900
ROI
26.9Cash Flow/m
396- 3 Bed
- 2 Bath
- 1278 sft
18810 Spruce St, Carlyle, IL, 62231
Listed for sale 4 days ago
$ 225,000
ROI
26.4Cash Flow/m
416- 3 Bed
- 2 Bath
- 2220 sft
1491 Clinton St, Carlyle, IL, 62231
$ 189,900
ROI
21.8Cash Flow/m
109- 3 Bed
- 2 Bath
- 2052 sft
20754 Emerald Rd, Carlyle, IL, 62231
Why Invest in Carlyle, Illinois?
Investing in Illinois real estate, particularly properties under $300,000, can be a strategic move. With an average cap rate of 7.5% and a rental yield of 8%, investors can expect decent cash flow. The state's economy shows a stable appreciation rate of 4% and a renter occupancy of 82%, making it an appealing market for real estate investors.
12%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Properties under $300,000 in Illinois offer affordable entry points for investors. With strong rental yields and stable appreciation rates, they can provide a solid return on investment.
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