Under $500K Investment Properties for Sale in Carrier Mills, IL
$ 119,900
ROI
22.2
Cash Flow/m
80- 3 Bed
- 2 Bath
- 1200 sft
6810 Us Highway 45 S, Carrier Mills, IL, 62917
$ 140,000
ROI
22.8Cash Flow/m
120- 3 Bed
- 2 Bath
- 1168 sft
107 Deborann Dr, Carrier Mills, IL, 62917
$ 112,500
ROI
21.9Cash Flow/m
68- 3 Bed
- 2 Bath
- 1490 sft
336 Miller St, Carrier Mills, IL, 62917
$ 200,000
ROI
20.0Cash Flow/m
15- 3 Bed
- 4 Bath
- 1853 sft
736 N Mill 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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