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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
$ 299,000
ROI
23.6
Cash Flow/m
321- 5 Bed
- 3 Bath
- 2100 sft
729 County Road 1375 E, Carmi, IL, 62821
$ 109,900
ROI
23.5Cash Flow/m
114- 2 Bed
- 1 Bath
- 1398 sft
407 10th St, Carmi, IL, 62821
$ 249,900
ROI
28.8Cash Flow/m
629- 4 Bed
- 3 Bath
- 2300 sft
1622 Sunset Dr, Carmi, IL, 62821
$ 124,000
ROI
22.6Cash Flow/m
98- 2 Bed
- 1 Bath
- - sft
401 2nd 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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