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 113 Northwood Dr, Mount Carmel, IL
Listed for sale 6 days ago
$ 274,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign445
  • 4 Bed
  • 3 Bath
  • 2546 sft
113 Northwood Dr, Mount Carmel, IL, 62863
Property at 6 Lambert Pl, Mount Carmel, IL
$ 154,900
ROI
30.1ROI percentage
Cash Flow/m
Dollar sign447
  • 3 Bed
  • 2 Bath
  • 1513 sft
6 Lambert Pl, Mount Carmel, IL, 62863
Property at 525 E 9th St, Mount Carmel, IL
$ 129,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign234
  • 2 Bed
  • 1 Bath
  • 1076 sft
525 E 9th St, Mount Carmel, IL, 62863
Property at 11288 E 1020th Ln, Mount Carmel, IL
$ 179,900
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign222
  • 3 Bed
  • 1 Bath
  • 1236 sft
11288 E 1020th Ln, 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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