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 615 E Grand Ave, Carterville, IL
$ 199,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign206
  • 3 Bed
  • 2 Bath
  • 1538 sft
615 E Grand Ave, Carterville, IL, 62918
Property at 104 N Jackson St, Carterville, IL
$ 169,900
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign344
  • 4 Bed
  • 2 Bath
  • 1750 sft
104 N Jackson St, Carterville, IL, 62918
Property at 1805 Marion St, Carterville, IL
$ 174,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign137
  • 3 Bed
  • 2 Bath
  • 1525 sft
1805 Marion St, Carterville, IL, 62918
Property at 501 Country Club Ln, Carterville, IL
$ 144,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign135
  • 4 Bed
  • 1 Bath
  • 1913 sft
501 Country Club Ln, 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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