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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
22.9
Cash Flow/m
108- 3 Bed
- 2 Bath
- 1176 sft
403 Cora St, Carmi, IL, 62821

$ 199,000
ROI
28.2
Cash Flow/m
466- 3 Bed
- 2 Bath
- 2100 sft
609 Elm St, Carmi, IL, 62821

$ 225,000
ROI
20.6
Cash Flow/m
52- 3 Bed
- 3 Bath
- 3078 sft
300 Plum St, Carmi, IL, 62821
Why Invest in Carmi, Illinois?
Investing in single-family homes in Carmi, IL offers potential for growth with a favorable average ROI and rental yield. The area's rental market is displaying resilience, making it an attractive option for investors seeking stable cash flow and appreciation. Home prices are competitive, providing opportunities for profits in the thriving rental market.
7.5%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Carmi is approximately $950 per month, providing a competitive entry point for investors.
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