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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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
$ 169,000
ROI
23.1Cash Flow/m
159- 3 Bed
- 3 Bath
- 1736 sft
400 N 4th St, Carthage, IL, 62321
Why Invest in Carthage, Illinois?
Investing in Carthage, IL, particularly for properties under $200k, offers a unique opportunity for value-oriented investors. The market presents attractive rental yields and competitive appreciation rates, making it a worthwhile consideration for long-term growth. With a strong community and stable economic indicators, Carthage is seeing a resurgence that makes it appealing for both new and seasoned investors.
8.5%
Avg. ROI
10.2%
Rental Yield
7.8%
Cap Rate
$200/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
You can find a variety of single-family homes, townhouses, and some multifamily units under $200k in Carthage. These properties offer great potential for rental income and long-term appreciation.
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