Investment Properties for Sale in Carmi, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Carmi, IL

Property at 729 County Road 1375 E, Carmi, IL
Listed for sale 3 days ago
$ 299,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign321
  • 5 Bed
  • 3 Bath
  • 2100 sft
729 County Road 1375 E, Carmi, IL, 62821
Property at 407 10th St, Carmi, IL
$ 109,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign114
  • 2 Bed
  • 1 Bath
  • 1398 sft
407 10th St, Carmi, IL, 62821
Property at 1622 Sunset Dr, Carmi, IL
$ 249,900
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign629
  • 4 Bed
  • 3 Bath
  • 2300 sft
1622 Sunset Dr, Carmi, IL, 62821
Property at 401 2nd St, Carmi, IL
$ 124,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign98
  • 2 Bed
  • 1 Bath
  • - sft
401 2nd 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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