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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Carterville, IL
$ 225,000
ROI
19.9
Cash Flow/m
5- 5 Bed
- 3 Bath
- 1646 sft
1302 Susan Ln, Carterville, IL, 62918
$ 264,900
ROI
30.6Cash Flow/m
803- 3 Bed
- 2 Bath
- 1474 sft
6123 Chandler Dr, Carterville, IL, 62918
$ 225,000
ROI
20.6Cash Flow/m
50- 4 Bed
- 2 Bath
- 2861 sft
741 S Division St, Carterville, IL, 62918
$ 199,900
ROI
23.5Cash Flow/m
206- 3 Bed
- 2 Bath
- 1538 sft
615 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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