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 1115 Plum St, Mount Carmel, IL
Fix & Flip
$ 109,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign69
  • 3 Bed
  • 1 Bath
  • 1268 sft
1115 Plum St, Mount Carmel, IL, 62863
Property at 13414 E 700th Rd, Mount Carmel, IL
$ 195,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign210
  • 2 Bed
  • 2 Bath
  • 1824 sft
13414 E 700th Rd, Mount Carmel, IL, 62863
Property at 310 W 2nd St, Mount Carmel, IL
Rental Income
$ 139,900
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign479
  • 3 Bed
  • 3 Bath
  • 2404 sft
310 W 2nd St, Mount Carmel, IL, 62863
Property at 423 W 4th St, Mount Carmel, IL
Fix & Flip
$ 114,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign83
  • 3 Bed
  • 1 Bath
  • 1057 sft
423 W 4th 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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