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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
$ 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
21.9Cash Flow/m
61- 3 Bed
- 2 Bath
- 1096 sft
724 Ficklin St, Mount Carmel, IL, 62863
$ 122,500
ROI
23.5Cash Flow/m
126- 2 Bed
- 2 Bath
- 1148 sft
1118 N Mulberry St, Mount Carmel, IL, 62863
$ 157,500
ROI
27.8Cash Flow/m
354- 4 Bed
- 2 Bath
- 1450 sft
414 W 6th 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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