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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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?
Carmi, IL offers great opportunities for high ROI investments. With an average rental yield of 8.5% and a cap rate of 6.2%, it's a promising location for investors. The market has been steadily appreciating at 5% annually, making properties here a solid choice for long-term gains.
12%
Avg. ROI
8.5%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Carmi, IL is currently around $1,200 per month. This figure represents competitive pricing in the context of the local market.
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