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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mount Carmel, IL

Listed for sale 6 days ago
$ 274,900
ROI
25.6
Cash Flow/m
445- 4 Bed
- 3 Bath
- 2546 sft
113 Northwood Dr, Mount Carmel, IL, 62863

$ 154,900
ROI
30.1
Cash Flow/m
447- 3 Bed
- 2 Bath
- 1513 sft
6 Lambert Pl, Mount Carmel, IL, 62863

$ 129,000
ROI
26.3
Cash Flow/m
234- 2 Bed
- 1 Bath
- 1076 sft
525 E 9th St, Mount Carmel, IL, 62863

$ 179,900
ROI
24.2
Cash Flow/m
222- 3 Bed
- 1 Bath
- 1236 sft
11288 E 1020th Ln, Mount Carmel, IL, 62863
Why Invest in Mount Carmel, Illinois?
Investing in Mount Carmel, IL, offers great opportunities, particularly for those considering rental properties. With average rents around $1,200 and a rental yield of 7%, the market is favorable for investors. The city's cap rate stands at 8%, indicating promising returns on real estate investments.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mount Carmel is approximately 7%, making it a promising area for real estate investors looking for solid returns.
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