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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
Listed for sale today
$ 325,000
ROI
27.0
Cash Flow/m
655- 4 Bed
- 2 Bath
- 1812 sft
1630 S Division St, Carterville, IL, 62918
Listed for sale today
$ 285,000
ROI
23.8Cash 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
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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