Investment Properties Under $200K in Carmi, IL | Ziffy.ai
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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

Property at 407 10th St, Carmi, IL
$ 109,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign114
  • 2 Bed
  • 1 Bath
  • 1398 sft
407 10th St, Carmi, IL, 62821
Property at 401 2nd St, Carmi, IL
$ 124,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign98
  • 2 Bed
  • 1 Bath
  • - sft
401 2nd St, Carmi, IL, 62821
Property at 1834 County Road 800 E, Carmi, IL
$ 165,000
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign318
  • 3 Bed
  • 1 Bath
  • 1775 sft
1834 County Road 800 E, Carmi, IL, 62821
Property at 307 Iris Ln, Carmi, IL
$ 125,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign76
  • 3 Bed
  • 2 Bath
  • 1350 sft
307 Iris Ln, 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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