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 8864 N 1950th Blvd, Mount Carmel, IL
$ 219,900
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign73
  • 3 Bed
  • 2 Bath
  • 1500 sft
8864 N 1950th Blvd, Mount Carmel, IL, 62863
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

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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