Real Estate Investment Properties for Sale in Carmi, IL

Looking for investment property in Carmi, IL with high ROI ?

Explore a variety of short-term homes & houses in Carmi, IL. Invest wisely with VRBO & Carmi, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Carmi, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
706 Montgomery Circle Carmi, IL Welcome to 706 Montgomery Circle-a charming three-bedroom, two bath, Bedford stone home ne...	3 beds \| 2 baths \| 1,900 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.09% Airbnb Rental Income: $null Traditional Rental Income: $2414 Airbnb ROI: N/A Traditional ROI: 10.09%
106 Rice Street Carmi, IL VERY MOTIVATED SELLERS! Welcome to this beautifully restored 4-bedroom, 2-bath residence ...	4 beds \| 2 baths \| N/A	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.34% Airbnb Rental Income: $null Traditional Rental Income: $2280 Airbnb ROI: N/A Traditional ROI: 11.34%
1292 CO. RD. 700 East Carmi, IL Welcome to this exceptional 10-acre country estate, offering privacy, beauty, and luxury l...	4 beds \| 4 baths \| 2,931 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $3729 Airbnb ROI: N/A Traditional ROI: 6.13%
1670 Dain Drive Carmi, IL Experience luxury and space in this stunning 2007 custom-built home situated on a beautifu...	4 beds \| 4 baths \| 3,600 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $3259 Airbnb ROI: N/A Traditional ROI: 3.68%
1382 County Road 700 N Carmi, IL Nothing like it on the market!!!!! A true Home On The Range in the heart of White County!!...	3 beds \| 2 baths \| 1,800 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $2206 Airbnb ROI: N/A Traditional ROI: 5.44%
1709 Hillcrest Ave. Carmi, IL Brand new construction (expected completion date first of June) with a clean modern look! ...	3 beds \| 2 baths \| N/A	$208,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.67% Airbnb Rental Income: $null Traditional Rental Income: $2211 Airbnb ROI: N/A Traditional ROI: 9.67%
401 2nd St. Carmi, IL Charming and beautifully updated 2-bedroom, 1-bath Sears home that blends classic characte...	2 beds \| 1 baths \| N/A	$124,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.48% Airbnb Rental Income: $null Traditional Rental Income: $1532 Airbnb ROI: N/A Traditional ROI: 10.48%
1622 Sunset Dr. Carmi, IL This spacious 4-bedroom, 3-bath home has room for everyone-and then some! Every room is ge...	4 beds \| 3 baths \| 2,300 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.08% Airbnb Rental Income: $null Traditional Rental Income: $2814 Airbnb ROI: N/A Traditional ROI: 9.08%

Real Estate investment in Carmi, IL

There are 9 properties for sale in the city of Carmi . The median list price in Carmi is $180,000 and the average price per square foot is $113. In May 2026, the average monthly cash on cash return in Carmi is 11.00%. The average monthly rental income in Carmi is $2,209.

Carmi, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9 investment properties available for sale in Carmi.

The ROI for Short-Term is higher than the Long-Term in Carmi with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Carmi, IL

706 Montgomery Circle

Carmi, IL

3 beds | 2 baths | 1,900 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2414

Airbnb ROI: N/A

Traditional ROI: 10.09%

106 Rice Street

Carmi, IL

4 beds | 2 baths | N/A

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2280

Airbnb ROI: N/A

Traditional ROI: 11.34%

1292 CO. RD. 700 East

Carmi, IL

4 beds | 4 baths | 2,931 sq.ft.

$495,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3729

Airbnb ROI: N/A

Traditional ROI: 6.13%

1670 Dain Drive

Carmi, IL

4 beds | 4 baths | 3,600 sq.ft.

$600,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3259

Airbnb ROI: N/A

Traditional ROI: 3.68%

1382 County Road 700 N

Carmi, IL

3 beds | 2 baths | 1,800 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2206

Airbnb ROI: N/A

Traditional ROI: 5.44%

1709 Hillcrest Ave.

Carmi, IL

3 beds | 2 baths | N/A

$208,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.67%

Airbnb Rental Income: $null

Traditional Rental Income: $2211

Airbnb ROI: N/A

Traditional ROI: 9.67%

401 2nd St.

Carmi, IL

2 beds | 1 baths | N/A

$124,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1532

Airbnb ROI: N/A

Traditional ROI: 10.48%

1622 Sunset Dr.

Carmi, IL

4 beds | 3 baths | 2,300 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2814

Airbnb ROI: N/A