Investment Properties Under $200K in Carterville, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Carterville, IL

Property at 504 Mulberry St, Carterville, IL
Listed for sale 5 days ago
$ 115,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign162
  • 2 Bed
  • 2 Bath
  • 1336 sft
504 Mulberry St, Carterville, IL, 62918
Property at 500 Kramer St, Carterville, IL
$ 199,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign156
  • 4 Bed
  • 2 Bath
  • 1868 sft
500 Kramer St, Carterville, IL, 62918
Property at 215 Scout Cabin Rd, Carterville, IL
$ 189,900
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign502
  • 3 Bed
  • 2 Bath
  • 1104 sft
215 Scout Cabin Rd, Carterville, IL, 62918
Property at 911 Glenn Ave, Carterville, IL
$ 198,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign142
  • 3 Bed
  • 3 Bath
  • 1850 sft
911 Glenn Ave, Carterville, IL, 62918

Why Invest in Carterville, Illinois?

Investing in Carterville, IL, especially in properties under $200k, offers a unique opportunity for new investors. This area showcases a favorable rental yield and consistent cash flow, making it an attractive option for those looking to capitalize on unforeseen market trends. The stability and growth in the region provide a solid foundation for long-term investment success.

7%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Carterville, you will find a variety of options including single-family homes, townhouses, and condos. These properties are often suitable for first-time investors and renters seeking affordable housing.

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