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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Carmi, IL
Listed for sale 2 days ago
$ 139,500
ROI
30.8
Cash Flow/m
427- 3 Bed
- 1 Bath
- 1100 sft
128 11th St, Carmi, IL, 62821
$ 169,000
ROI
22.7Cash Flow/m
139- 3 Bed
- 2 Bath
- 1800 sft
517 Plum St, Carmi, IL, 62821
$ 115,000
ROI
22.5Cash Flow/m
86- 3 Bed
- 2 Bath
- - sft
904 Stewart St, Carmi, IL, 62821
$ 155,000
ROI
22.1Cash Flow/m
100- 3 Bed
- 2 Bath
- 1650 sft
218 Montgomery Cir, 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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