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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Carterville, IL
Listed for sale 1 day ago
$ 325,000
ROI
27.0
Cash Flow/m
655- 4 Bed
- 2 Bath
- 1812 sft
1630 S Division St, Carterville, IL, 62918
Listed for sale 1 day ago
$ 285,000
ROI
23.8Cash Flow/m
320- 3 Bed
- 2 Bath
- 1453 sft
1508 Hawkeye Ct, Carterville, IL, 62918
Listed for sale 5 days ago
$ 115,000
ROI
24.8Cash Flow/m
162- 2 Bed
- 2 Bath
- 1336 sft
504 Mulberry St, Carterville, IL, 62918
Listed for sale 7 days ago
$ 239,900
ROI
20.4Cash Flow/m
41- 3 Bed
- 2 Bath
- 1664 sft
1008 Jeffery Dr, 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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