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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 1 day ago
$ 152,500
ROI
22.9
Cash Flow/m
133- 3 Bed
- 2 Bath
- 1466 sft
1319 N Mulberry St, Mount Carmel, IL, 62863
Fix & Flip
$ 102,000
ROI
22.9Cash Flow/m
90- 4 Bed
- 1 Bath
- - sft
22292 E 700th Rd, Mount Carmel, IL, 62863
$ 145,000
ROI
22.3Cash Flow/m
104- 3 Bed
- 2 Bath
- - sft
19215 Friendsville Ave, Mount Carmel, IL, 62863
$ 134,900
ROI
23.1Cash Flow/m
126- 3 Bed
- 2 Bath
- 1200 sft
106 N Market 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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