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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Carthage, IL
$ 149,000
ROI
23.6
Cash Flow/m
159- 4 Bed
- 2 Bath
- 1248 sft
533 N Madison 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
$ 299,000
ROI
24.9Cash Flow/m
428- 4 Bed
- 3 Bath
- 1860 sft
1797 E County Road 1540 N, Carthage, IL, 62321
Why Invest in Carthage, Illinois?
Investing in Carthage, IL, offers promising rental yield opportunities, particularly in high-demand sectors. With an average rental yield of 8% and a cap rate around 7%, property investors can expect solid returns. The area's economic development initiatives and university presence contribute to a vibrant rental market, increasing both occupancy rates and cash flow potential.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Carthage, IL, is approximately 8%, making it an attractive option for investors looking for good returns on rental properties.
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