Investment Properties for Sale in Carterville, IL
Fix & Flip
Listed for sale 1 day ago
$ 112,500
ROI
23.5
Cash Flow/m
118- 4 Bed
- 2 Bath
- 1800 sft
504 S Pennsylvania Ave, Carterville, IL, 62918
Listed for sale 6 days ago
$ 130,000
ROI
22.9Cash Flow/m
113- 3 Bed
- 2 Bath
- 1456 sft
5980 Old Route 13, Carterville, IL, 62918
Listed for sale 6 days ago
$ 174,000
ROI
23.0Cash Flow/m
155- 3 Bed
- 2 Bath
- 1848 sft
412 Elles Ave, Carterville, IL, 62918
Listed for sale 6 days ago
$ 149,000
ROI
29.5Cash Flow/m
402- 3 Bed
- 2 Bath
- 1092 sft
616 E Grand Ave, Carterville, IL, 62918
Why Invest in Carterville, Illinois?
Investing in Carterville, IL, particularly in rental properties, can yield attractive returns for investors. With rising rental demand and an average cash flow that competes well against larger markets, it's an opportunity not to be overlooked. Investors should consider the potential for appreciation alongside the strong rental yield in this growing community.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Carterville is around $1,200, making it affordable compared to larger urban areas. This price point makes it attractive for investors targeting rental properties.
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