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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 7 days ago
$ 109,000
ROI
22.2
Cash Flow/m
74- 2 Bed
- 1 Bath
- 1000 sft
105 Marshall Pl, Carmi, IL, 62821
$ 120,000
ROI
22.1Cash Flow/m
80- 4 Bed
- 2 Bath
- 2100 sft
901 Elm St, Carmi, IL, 62821
$ 127,500
ROI
23.4Cash Flow/m
131- 2 Bed
- 2 Bath
- 1700 sft
410 S Walnut St, Carmi, IL, 62821
$ 125,000
ROI
23.6Cash Flow/m
133- 4 Bed
- 2 Bath
- 2338 sft
135 10th 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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