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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Carrier Mills, IL

$ 140,000
ROI
22.8
Cash Flow/m
120- 3 Bed
- 2 Bath
- 1168 sft
107 Deborann Dr, Carrier Mills, IL, 62917

$ 112,500
ROI
21.9
Cash Flow/m
68- 3 Bed
- 2 Bath
- 1490 sft
336 Miller St, Carrier Mills, IL, 62917

$ 200,000
ROI
20.0
Cash Flow/m
15- 3 Bed
- 4 Bath
- 1853 sft
736 N Mill St, Carrier Mills, IL, 62917

$ 180,000
ROI
25.0
Cash Flow/m
260- 3 Bed
- 2 Bath
- 2600 sft
603 N Main St, Carrier Mills, IL, 62917
Why Invest in Carrier Mills, Illinois?
Investing in Carrier Mills, IL, offers a unique opportunity for those looking to purchase properties under $200k in a stable market. The area's affordability makes it an attractive prospect for first-time investors, with a notable median rent that ensures a strong rental yield. Coupled with steady property appreciation rates, it presents a solid foundation for growth.
8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$600/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The real estate market in Carrier Mills is affordable and stable, particularly for properties under $200k. Investors can expect reasonable returns and a strong rental demand.
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