Investment Properties for Sale in Carmi, IL

Property at 104 Paint Creek Ln, Carmi, IL
Listed for sale 1 day ago
$ 170,000
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign426
  • 3 Bed
  • 2 Bath
  • - sft
104 Paint Creek Ln, Carmi, IL, 62821
Property at 908 Stewart St, Carmi, IL
$ 110,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign119
  • 2 Bed
  • 1 Bath
  • 950 sft
908 Stewart St, Carmi, IL, 62821
Property at 534 Tar Spring Dr, Carmi, IL
$ 142,500
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign103
  • 3 Bed
  • 1 Bath
  • 1315 sft
534 Tar Spring Dr, Carmi, IL, 62821
Property at 302 W Main St, Carmi, IL
$ 195,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign338
  • 4 Bed
  • 5 Bath
  • 3500 sft
302 W Main St, Carmi, IL, 62821

Why Invest in Carmi, Illinois?

Investing in Carmi, IL, offers opportunities for both seasoned and new investors. With a focus on rental properties, the city has seen an average rent increase of 4% and a solid rental yield. The local market supports a cap rate of 7%, making it an attractive option for cash flow-focused investments.

12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Carmi is approximately $850 per month, making it a reasonably priced market for renters.

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