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 729 County Road 1375 E, Carmi, IL
Listed for sale today
$ 299,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign321
  • 5 Bed
  • 3 Bath
  • 2100 sft
729 County Road 1375 E, Carmi, IL, 62821
Property at 407 10th St, Carmi, IL
$ 109,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign114
  • 2 Bed
  • 1 Bath
  • 1398 sft
407 10th St, Carmi, IL, 62821
Property at 1622 Sunset Dr, Carmi, IL
$ 249,900
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign629
  • 4 Bed
  • 3 Bath
  • 2300 sft
1622 Sunset Dr, Carmi, IL, 62821
Property at 401 2nd St, Carmi, IL
$ 124,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign98
  • 2 Bed
  • 1 Bath
  • - sft
401 2nd St, 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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