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 403 Cora St, Carmi, IL
Listed for sale 1 day ago
$ 125,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign108
  • 3 Bed
  • 2 Bath
  • 1176 sft
403 Cora St, Carmi, IL, 62821
Property at 609 Elm St, Carmi, IL
$ 199,000
ROI
28.2ROI percentage
Cash Flow/m
Dollar sign466
  • 3 Bed
  • 2 Bath
  • 2100 sft
609 Elm St, Carmi, IL, 62821
Property at 305 Iris Ln, Carmi, IL
$ 174,900
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign404
  • 2 Bed
  • 3 Bath
  • 1700 sft
305 Iris Ln, Carmi, IL, 62821
Property at 640 Oak St, Carmi, IL
$ 139,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign118
  • 3 Bed
  • 2 Bath
  • 1750 sft
640 Oak 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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