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 724 Ficklin St, Mount Carmel, IL
$ 104,700
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign61
  • 3 Bed
  • 2 Bath
  • 1096 sft
724 Ficklin St, Mount Carmel, IL, 62863
Property at 1118 N Mulberry St, Mount Carmel, IL
$ 122,500
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign126
  • 2 Bed
  • 2 Bath
  • 1148 sft
1118 N Mulberry St, Mount Carmel, IL, 62863
Property at 414 W 6th St, Mount Carmel, IL
$ 157,500
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign354
  • 4 Bed
  • 2 Bath
  • 1450 sft
414 W 6th St, Mount Carmel, IL, 62863
Property at 2415 College Dr, Mount Carmel, IL
$ 105,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign90
  • 3 Bed
  • 2 Bath
  • 1778 sft
2415 College Dr, 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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