Investment Properties Under $500K in Carterville, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Carterville, IL

Property at 1302 Susan Ln, Carterville, IL
$ 225,000
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign5
  • 5 Bed
  • 3 Bath
  • 1646 sft
1302 Susan Ln, Carterville, IL, 62918
Property at 6123 Chandler Dr, Carterville, IL
$ 264,900
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign803
  • 3 Bed
  • 2 Bath
  • 1474 sft
6123 Chandler Dr, Carterville, IL, 62918
Property at 741 S Division St, Carterville, IL
$ 225,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign50
  • 4 Bed
  • 2 Bath
  • 2861 sft
741 S Division St, Carterville, IL, 62918
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

Why Invest in Carterville, Illinois?

Investing in Carterville, IL, particularly in properties under $500k, offers significant opportunities. With a growing rental market and solid tenant demand, Carterville is ideal for investors looking to maximize cash flow and capital appreciation. The area's affordability combined with its commute-friendly location makes it a prime spot for rental income.

8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Carterville is around 6.0%, making it an attractive location for real estate investors.

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