Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Carmi, IL
Listed for sale 1 day ago
$ 125,000
ROI
22.9
Cash Flow/m
108- 3 Bed
- 2 Bath
- 1176 sft
403 Cora St, Carmi, IL, 62821
$ 199,000
ROI
28.2Cash Flow/m
466- 3 Bed
- 2 Bath
- 2100 sft
609 Elm St, Carmi, IL, 62821
$ 225,000
ROI
20.6Cash Flow/m
52- 3 Bed
- 3 Bath
- 3078 sft
300 Plum St, Carmi, IL, 62821
$ 174,900
ROI
28.1Cash Flow/m
404- 2 Bed
- 3 Bath
- 1700 sft
305 Iris Ln, 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.
Find Your Perfect Investment Property in Carmi, Illinois
Explore investment opportunities by strategy, performance, or property type
