Under $200K Investment Properties for Sale in Mount Carmel, IL
Listed for sale 5 days ago
$ 109,900
ROI
22.4
Cash Flow/m
81- 2 Bed
- 1 Bath
- 995 sft
1126 N Mulberry St, Mount Carmel, IL, 62863
Listed for sale 6 days ago
$ 130,000
ROI
22.0Cash Flow/m
81- 3 Bed
- 2 Bath
- 1788 sft
530 Chestnut St, Mount Carmel, IL, 62863
Listed for sale 7 days ago
$ 152,500
ROI
25.8Cash Flow/m
257- 3 Bed
- 1 Bath
- 1491 sft
918 N Mulberry St, Mount Carmel, IL, 62863
$ 120,000
ROI
23.6Cash Flow/m
129- 4 Bed
- 2 Bath
- 1688 sft
9331 Wabash 17 Ave, 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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