Under $300K Investment Properties for Sale in Carterville, IL
Fix & Flip
Listed for sale 1 day ago
$ 112,500
ROI
23.5
Cash Flow/m
118- 4 Bed
- 2 Bath
- 1800 sft
504 S Pennsylvania Ave, Carterville, IL, 62918
Listed for sale 6 days ago
$ 130,000
ROI
22.9Cash Flow/m
113- 3 Bed
- 2 Bath
- 1456 sft
5980 Old Route 13, Carterville, IL, 62918
Listed for sale 6 days ago
$ 174,000
ROI
23.0Cash Flow/m
155- 3 Bed
- 2 Bath
- 1848 sft
412 Elles Ave, Carterville, IL, 62918
Listed for sale 6 days ago
$ 149,000
ROI
29.5Cash Flow/m
402- 3 Bed
- 2 Bath
- 1092 sft
616 E Grand Ave, 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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