Investment Properties Under $500K in Carmi, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Carmi, IL

Property at 128 11th St, Carmi, IL
Listed for sale 2 days ago
$ 139,500
ROI
30.8ROI percentage
Cash Flow/m
Dollar sign427
  • 3 Bed
  • 1 Bath
  • 1100 sft
128 11th St, Carmi, IL, 62821
Property at 517 Plum St, Carmi, IL
$ 169,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign139
  • 3 Bed
  • 2 Bath
  • 1800 sft
517 Plum St, Carmi, IL, 62821
Property at 904 Stewart St, Carmi, IL
$ 115,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign86
  • 3 Bed
  • 2 Bath
  • - sft
904 Stewart St, Carmi, IL, 62821
Property at 218 Montgomery Cir, Carmi, IL
$ 155,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign100
  • 3 Bed
  • 2 Bath
  • 1650 sft
218 Montgomery Cir, Carmi, IL, 62821

Why Invest in Carmi, Illinois?

Investing in properties under $500k in Carmi presents a unique opportunity for investors looking to enter the real estate market. With a competitive average return on investment (ROI) and a steady rental yield, Carmi has proven to be appealing for both new and seasoned investors. The area's ongoing development and economic growth promise potential appreciation and a stable rental market.

8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Carmi, you can find a variety of homes including single-family residences and some multifamily units. These options are ideal for both living and investing.

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