Investment Properties Under $500K in Mount Carmel, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Mount Carmel, IL

Property at 8907 N 1400th Blvd, Mount Carmel, IL
$ 305,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign22
  • 3 Bed
  • 2 Bath
  • 1411 sft
8907 N 1400th Blvd, Mount Carmel, IL, 62863
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

Why Invest in Mount Carmel, Illinois?

Investing in Mount Carmel offers excellent opportunities for properties under $500k. The city provides attractive rental yields and a stable market with an appreciation rate of around 3% yearly. Many families and professionals seek housing here, contributing to a strong rental demand.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental price for properties in Mount Carmel is around $1,200 per month. This reflects a steady demand for rental housing in the area.

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