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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Carmi, IL
Listed for sale today
$ 195,000
ROI
26.0
Cash Flow/m
338- 4 Bed
- 5 Bath
- 3500 sft
302 W Main St, Carmi, IL, 62821
Listed for sale 1 day ago
$ 125,000
ROI
22.9Cash Flow/m
108- 3 Bed
- 2 Bath
- 1176 sft
403 Cora St, Carmi, IL, 62821
$ 199,000
ROI
28.2Cash Flow/m
466- 3 Bed
- 2 Bath
- 2100 sft
609 Elm St, Carmi, IL, 62821
$ 225,000
ROI
20.6Cash Flow/m
52- 3 Bed
- 3 Bath
- 3078 sft
300 Plum St, Carmi, IL, 62821
Why Invest in Carmi, Illinois?
Investing in Carmi, IL offers unique opportunities for buyers interested in properties under $300k. With a growing rental market and competitive prices, Carmi is an ideal location for budget-conscious investors. The city shows a promising appreciation rate, making it a strategic choice for long-term investments.
7.5%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Carmi is approximately $850 per month, making it an affordable option for renters.
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