Investment Properties Under $500K in Carrier Mills, 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 Carrier Mills, IL

Property at 107 Deborann Dr, Carrier Mills, IL
$ 140,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign120
  • 3 Bed
  • 2 Bath
  • 1168 sft
107 Deborann Dr, Carrier Mills, IL, 62917
Property at 336 Miller St, Carrier Mills, IL
$ 112,500
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign68
  • 3 Bed
  • 2 Bath
  • 1490 sft
336 Miller St, Carrier Mills, IL, 62917
Property at 736 N Mill St, Carrier Mills, IL
$ 200,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign15
  • 3 Bed
  • 4 Bath
  • 1853 sft
736 N Mill St, Carrier Mills, IL, 62917
Property at 603 N Main St, Carrier Mills, IL
$ 180,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign260
  • 3 Bed
  • 2 Bath
  • 2600 sft
603 N Main St, Carrier Mills, IL, 62917

Why Invest in Carrier Mills, Illinois?

Investing in properties under $500k in Illinois, particularly in Carrier Mills, offers a unique opportunity for affordability and growth. With the average rental yield reaching around 7% and a promising appreciation rate, investors can expect steady cash flow and sustainable returns. Additionally, the market stability and attractiveness of Illinois for new residents further enhance potential upside.

10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average property prices in Carrier Mills vary but are generally under $500k, making it an attractive market for first-time investors and those seeking affordable options.

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