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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 today
$ 195,000
ROI
26.0
Cash Flow/m
338- 4 Bed
- 5 Bath
- 3500 sft
302 W Main St, Carmi, IL, 62821
Listed for sale 1 day ago
$ 125,000
ROI
22.9Cash 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
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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