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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 7 days ago
$ 109,000
ROI
22.2
Cash Flow/m
74- 2 Bed
- 1 Bath
- 1000 sft
105 Marshall Pl, Carmi, IL, 62821

$ 120,000
ROI
22.1
Cash Flow/m
80- 4 Bed
- 2 Bath
- 2100 sft
901 Elm St, Carmi, IL, 62821

$ 127,500
ROI
23.4
Cash Flow/m
131- 2 Bed
- 2 Bath
- 1700 sft
410 S Walnut St, Carmi, IL, 62821

$ 125,000
ROI
23.6
Cash Flow/m
133- 4 Bed
- 2 Bath
- 2338 sft
135 10th 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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