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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 real estate under $300K in Carrier Mills, IL, offers unique opportunities for savvy investors. With a thriving local community and affordable property prices, this area provides a potential for strong rental yields and healthy cash flow. The region's low cost of living contributes to increasing demand for affordable housing options.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Carrier Mills, IL is approximately $900 per month, making it an affordable option for both renters and investors.
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