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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 4 days ago
$ 179,900
ROI
23.0
Cash Flow/m
160- 3 Bed
- 1 Bath
- 1248 sft
112 Beaver St, Carterville, IL, 62918
Listed for sale 6 days ago
$ 215,000
ROI
29.9Cash Flow/m
608- 3 Bed
- 2 Bath
- 1920 sft
404 Howerton St, Carterville, IL, 62918
$ 254,000
ROI
28.7Cash Flow/m
635- 3 Bed
- 2 Bath
- 1485 sft
1100 Samantha Dr, Carterville, IL, 62918
$ 125,000
ROI
22.4Cash Flow/m
92- 3 Bed
- 2 Bath
- 1798 sft
14568 Cambria Rd, 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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