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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
$ 349,900
ROI
21.2
Cash Flow/m
139- 4 Bed
- 2 Bath
- 3101 sft
131 Bona Terra Dr, Mount Carmel, IL, 62863
Fix & Flip
$ 109,900
ROI
22.0Cash Flow/m
69- 3 Bed
- 1 Bath
- 1268 sft
1115 Plum St, Mount Carmel, IL, 62863
$ 195,000
ROI
23.6Cash Flow/m
210- 2 Bed
- 2 Bath
- 1824 sft
13414 E 700th Rd, Mount Carmel, IL, 62863
Rental Income
$ 139,900
ROI
32.0Cash Flow/m
479- 3 Bed
- 3 Bath
- 2404 sft
310 W 2nd 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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