Under $200K Investment Properties for Sale in Carmi, IL
Listed for sale 1 day ago
$ 170,000
ROI
28.8
Cash Flow/m
426- 3 Bed
- 2 Bath
- - sft
104 Paint Creek Ln, Carmi, IL, 62821
$ 110,000
ROI
23.6Cash Flow/m
119- 2 Bed
- 1 Bath
- 950 sft
908 Stewart St, Carmi, IL, 62821
$ 142,500
ROI
22.4Cash Flow/m
103- 3 Bed
- 1 Bath
- 1315 sft
534 Tar Spring Dr, Carmi, IL, 62821
$ 195,000
ROI
26.0Cash Flow/m
338- 4 Bed
- 5 Bath
- 3500 sft
302 W Main St, 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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