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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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
21.9
Cash Flow/m
61- 3 Bed
- 2 Bath
- 1096 sft
724 Ficklin St, Mount Carmel, IL, 62863

$ 122,500
ROI
23.5
Cash Flow/m
126- 2 Bed
- 2 Bath
- 1148 sft
1118 N Mulberry St, Mount Carmel, IL, 62863

$ 157,500
ROI
27.8
Cash 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, Illinois offers investors a promising high ROI due to its growing rental market. The low vacancy rates and favorable appreciation metrics make it an attractive choice for real estate investment. Investors can expect a solid rental yield, coupled with an average cash flow that exceeds national averages, making this location a smart choice for long-term gains.
8.5%
Avg. ROI
6.2%
Rental Yield
9%
Cap Rate
$450/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mount Carmel is approximately 6.2%, which is competitive compared to many other regions in Illinois. This makes it an attractive option for real estate investors looking for solid returns.
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