Investment Properties Under $200K in Mount Carmel, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Mount Carmel, IL

Property at 1319 N Mulberry St, Mount Carmel, IL
Listed for sale today
$ 152,500
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign100
  • 3 Bed
  • 2 Bath
  • 1466 sft
1319 N Mulberry St, Mount Carmel, IL, 62863
Property at 22292 E 700th Rd, Mount Carmel, IL
Fix & Flip
$ 102,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign90
  • 4 Bed
  • 1 Bath
  • - sft
22292 E 700th Rd, Mount Carmel, IL, 62863
Property at 19215 Friendsville Ave, Mount Carmel, IL
$ 145,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign104
  • 3 Bed
  • 2 Bath
  • - sft
19215 Friendsville Ave, Mount Carmel, IL, 62863
Property at 106 N Market St, Mount Carmel, IL
$ 134,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign126
  • 3 Bed
  • 2 Bath
  • 1200 sft
106 N Market St, Mount Carmel, IL, 62863

Why Invest in Mount Carmel, Illinois?

Investing in Mount Carmel, IL, opens up opportunities for properties under $200k, making it a perfect choice for budget-conscious investors. The city boasts a strong rental market with a steady rental yield and reasonable appreciation rates, ideal for lucrative investments.

7.5%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price in Mount Carmel is around $900 per month, making it an affordable option for renters.

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