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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Carmi, IL
Listed for sale 3 days ago
$ 299,000
ROI
23.6
Cash Flow/m
321- 5 Bed
- 3 Bath
- 2100 sft
729 County Road 1375 E, Carmi, IL, 62821
$ 109,900
ROI
23.5Cash Flow/m
114- 2 Bed
- 1 Bath
- 1398 sft
407 10th St, Carmi, IL, 62821
$ 249,900
ROI
28.8Cash Flow/m
629- 4 Bed
- 3 Bath
- 2300 sft
1622 Sunset Dr, Carmi, IL, 62821
$ 124,000
ROI
22.6Cash Flow/m
98- 2 Bed
- 1 Bath
- - sft
401 2nd 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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