High Rental Yield Investment Properties for Sale in Mount Carmel, IL

Property at 1126 N Mulberry St, Mount Carmel, IL
Listed for sale 6 days ago
$ 109,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign81
  • 2 Bed
  • 1 Bath
  • 995 sft
1126 N Mulberry St, Mount Carmel, IL, 62863
Property at 319 E 8th St, Mount Carmel, IL
Listed for sale 7 days ago
$ 235,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign98
  • 2 Bed
  • 2 Bath
  • 2092 sft
319 E 8th St, Mount Carmel, IL, 62863
Property at 530 Chestnut St, Mount Carmel, IL
Listed for sale 7 days ago
$ 130,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign81
  • 3 Bed
  • 2 Bath
  • 1788 sft
530 Chestnut St, Mount Carmel, IL, 62863
Property at 918 N Mulberry St, Mount Carmel, IL
$ 152,500
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign257
  • 3 Bed
  • 1 Bath
  • 1491 sft
918 N Mulberry 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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