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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Carterville, IL
Listed for sale 3 days ago
$ 174,900
ROI
22.6
Cash Flow/m
137- 3 Bed
- 2 Bath
- 1525 sft
1805 Marion St, Carterville, IL, 62918
$ 269,900
ROI
30.0Cash Flow/m
768- 3 Bed
- 2 Bath
- 1474 sft
6123 Chandler Dr, Carterville, IL, 62918
$ 144,900
ROI
23.1Cash Flow/m
135- 4 Bed
- 1 Bath
- 1913 sft
501 Country Club Ln, Carterville, IL, 62918
$ 129,900
ROI
21.4Cash Flow/m
59- 2 Bed
- 1 Bath
- 1092 sft
503 S Jackson St, Carterville, IL, 62918
Why Invest in Carterville, Illinois?
Carterville, IL is emerging as a prime investment area, especially for those focusing on high rental yields. With its appealing rental market and a growing population, investors can tap into opportunities that yield solid returns. The area's rental yield averages around 8%, driven by strong demand and affordable property prices.
10%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Carterville is approximately 8%, making it a lucrative area for real estate investors. This is driven by a strong rental demand in the region.
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