Single Family Investment Properties for Sale in Mount Carmel, IL

Property at 1126 N Mulberry St, Mount Carmel, IL
Listed for sale 5 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 6 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 6 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
Listed for sale 7 days ago
$ 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?

Investing in single-family homes in Mount Carmel, IL, can offer appealing opportunities for investors seeking stable returns. With a favorable cash flow and a growing rental market, this location is increasingly attractive for real estate investment. The combination of affordable entry prices and competitive rental rates makes Mount Carmel a worthwhile consideration for any portfolio.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average property price in Mount Carmel, IL, is approximately $150,000. This presents an affordable option for new investors looking to enter the real estate market.

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