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 6 Lambert Pl, Mount Carmel, IL
$ 154,900
ROI
30.1ROI percentage
Cash Flow/m
Dollar sign447
  • 3 Bed
  • 2 Bath
  • 1513 sft
6 Lambert Pl, Mount Carmel, IL, 62863
Property at 525 E 9th St, Mount Carmel, IL
$ 129,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign234
  • 2 Bed
  • 1 Bath
  • 1076 sft
525 E 9th St, Mount Carmel, IL, 62863
Property at 11288 E 1020th Ln, Mount Carmel, IL
$ 179,900
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign222
  • 3 Bed
  • 1 Bath
  • 1236 sft
11288 E 1020th Ln, Mount Carmel, IL, 62863
Property at 426 W 2nd St, Mount Carmel, IL
$ 154,900
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign388
  • 3 Bed
  • 2 Bath
  • 1472 sft
426 W 2nd 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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