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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mount Carmel, IL
Listed for sale 7 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
30.1Cash Flow/m
447- 3 Bed
- 2 Bath
- 1513 sft
6 Lambert Pl, Mount Carmel, IL, 62863
$ 129,000
ROI
26.3Cash Flow/m
234- 2 Bed
- 1 Bath
- 1076 sft
525 E 9th St, Mount Carmel, IL, 62863
$ 179,900
ROI
24.2Cash Flow/m
222- 3 Bed
- 1 Bath
- 1236 sft
11288 E 1020th Ln, Mount Carmel, IL, 62863
Why Invest in Mount Carmel, Illinois?
Mount Carmel, IL, presents a promising opportunity for investors, particularly for those interested in high rental yield. With a rental yield of around 9.5%, investors can expect solid cash flow from properties in this area. The average rent has been steadily rising, alongside a hopeful appreciation rate of 4% over the next few years.
12%
Avg. ROI
9.5%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mount Carmel is approximately 9.5%, making it an attractive market for real estate investors.
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