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

$ 219,900
ROI
21.0
Cash Flow/m
73- 3 Bed
- 2 Bath
- 1500 sft
8864 N 1950th Blvd, Mount Carmel, IL, 62863

$ 104,700
ROI
21.9
Cash Flow/m
61- 3 Bed
- 2 Bath
- 1096 sft
724 Ficklin St, Mount Carmel, IL, 62863

$ 122,500
ROI
23.5
Cash Flow/m
126- 2 Bed
- 2 Bath
- 1148 sft
1118 N Mulberry St, Mount Carmel, IL, 62863

$ 157,500
ROI
27.8
Cash Flow/m
354- 4 Bed
- 2 Bath
- 1450 sft
414 W 6th St, 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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