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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Carmi, IL
Listed for sale 2 days ago
$ 139,500
ROI
30.8
Cash Flow/m
427- 3 Bed
- 1 Bath
- 1100 sft
128 11th St, Carmi, IL, 62821
$ 169,000
ROI
22.7Cash Flow/m
139- 3 Bed
- 2 Bath
- 1800 sft
517 Plum St, Carmi, IL, 62821
$ 115,000
ROI
22.5Cash Flow/m
86- 3 Bed
- 2 Bath
- - sft
904 Stewart St, Carmi, IL, 62821
$ 155,000
ROI
22.1Cash Flow/m
100- 3 Bed
- 2 Bath
- 1650 sft
218 Montgomery Cir, Carmi, IL, 62821
Why Invest in Carmi, Illinois?
Carmi, Illinois is a hidden gem for investors looking for properties under $200k. With a strong rental market and a steady appreciation trend, it offers an attractive opportunity for both new and seasoned investors. The average rental yield is impressive, and the local economy is supported by growth in key sectors.
9%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Carmi is approximately $900 per month, making it affordable for many families and individuals.
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