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 7290 Highland Ln, Mount Carmel, IL
$ 149,900
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign303
  • 2 Bed
  • 1 Bath
  • 899 sft
7290 Highland Ln, Mount Carmel, IL, 62863
Property at 223 E 3rd St, Mount Carmel, IL
$ 109,900
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign95
  • 4 Bed
  • 4 Bath
  • 2233 sft
223 E 3rd St, Mount Carmel, IL, 62863
Property at 1018 N Pear St, Mount Carmel, IL
$ 139,900
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign99
  • 2 Bed
  • 1 Bath
  • 962 sft
1018 N Pear St, Mount Carmel, IL, 62863
Property at 113 S Mulberry St, Mount Carmel, IL
$ 134,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign140
  • 6 Bed
  • 4 Bath
  • 1517 sft
113 S Mulberry 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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