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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Carterville, IL
Listed for sale today
$ 285,000
ROI
23.8
Cash 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
$ 199,900
ROI
22.6Cash Flow/m
156- 4 Bed
- 2 Bath
- 1868 sft
500 Kramer St, Carterville, IL, 62918
Why Invest in Carterville, Illinois?
Carterville, IL offers an enticing opportunity for real estate investors looking for properties under $300K. With a local rental yield of around 8% and an appreciation rate of 3% annually, this market is perfect for both short-term and long-term investment strategies. The affordable average rent of $1,200 makes it an attractive option for renters, providing steady cash flow for investors.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Carterville, IL is approximately 8%, making it an attractive option for real estate investors.
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