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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

$ 305,000
ROI
20.0
Cash Flow/m
22- 3 Bed
- 2 Bath
- 1411 sft
8907 N 1400th Blvd, Mount Carmel, IL, 62863

$ 149,900
ROI
27.0
Cash Flow/m
303- 2 Bed
- 1 Bath
- 899 sft
7290 Highland Ln, Mount Carmel, IL, 62863

$ 109,900
ROI
22.9
Cash Flow/m
95- 4 Bed
- 4 Bath
- 2233 sft
223 E 3rd St, Mount Carmel, IL, 62863

$ 139,900
ROI
22.3
Cash Flow/m
99- 2 Bed
- 1 Bath
- 962 sft
1018 N Pear St, 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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