High Rental Yield 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?

Carmi offers an attractive opportunity for investors looking for high rental yields. With a strong local economy and a growing demand for rental properties, the potential for robust cash flow is evident. The average rental yield in Carmi is competitive, making it an ideal target for savvy investors.

8%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$350/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Carmi is approximately $800 per month, making it affordable for many tenants.

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