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 131 Bona Terra Dr, Mount Carmel, IL
$ 349,900
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign139
  • 4 Bed
  • 2 Bath
  • 3101 sft
131 Bona Terra Dr, Mount Carmel, IL, 62863
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

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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