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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

Listed for sale 4 days ago
$ 179,900
ROI
23.0
Cash Flow/m
160- 3 Bed
- 1 Bath
- 1248 sft
112 Beaver St, Carterville, IL, 62918

$ 125,000
ROI
22.4
Cash Flow/m
92- 3 Bed
- 2 Bath
- 1798 sft
14568 Cambria Rd, Carterville, IL, 62918

$ 149,000
ROI
27.3
Cash Flow/m
311- 3 Bed
- 2 Bath
- 1008 sft
807 Farris St, Carterville, IL, 62918

$ 120,000
ROI
22.8
Cash Flow/m
102- 4 Bed
- 2 Bath
- 1584 sft
105 Laclede 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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