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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Carthage, IL
$ 110,000
ROI
23.0
Cash Flow/m
99- 5 Bed
- 2 Bath
- 2410 sft
210 W Main St, Carthage, IL, 62321
$ 119,900
ROI
21.8Cash Flow/m
67- 3 Bed
- 2 Bath
- 1188 sft
303 N Washington St, Carthage, IL, 62321
$ 120,000
ROI
22.0Cash Flow/m
75- 2 Bed
- 1 Bath
- 966 sft
310 N Scofield St, Carthage, IL, 62321
$ 109,900
ROI
23.1Cash Flow/m
104- 3 Bed
- 2 Bath
- 1387 sft
228 N Madison St, Carthage, IL, 62321
Why Invest in Carthage, Illinois?
Carthage, IL offers a unique opportunity for investors interested in increasing cash flow through rental properties. With an average rental yield of around 9% and a solid appreciation rate of 3%, it's an attractive market. Exploring options like single-family homes can provide stable returns in this town that emphasizes affordability and community.
10%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Carthage is around $850 per month, making it affordable compared to larger urban markets.
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