Single Family 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?

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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