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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Homer, IL
Fix & Flip
$ 202,000
ROI
20.3
Cash Flow/m
33- 3 Bed
- 2 Bath
- 1016 sft
702 S Main St, Homer, IL, 61849
$ 127,500
ROI
23.6Cash Flow/m
138- 3 Bed
- 2 Bath
- 1571 sft
712 S East St, Homer, IL, 61849
$ 225,000
ROI
25.0Cash Flow/m
326- 2 Bed
- 2 Bath
- 1720 sft
2718 County Road 1200 N, Homer, IL, 61849
$ 120,000
ROI
23.3Cash Flow/m
117- 2 Bed
- 1 Bath
- 951 sft
601 E 1st St, Homer, IL, 61849
Why Invest in Homer, Illinois?
Homer, IL, is a promising market for real estate investment with attractive opportunities for those looking to invest in multifamily properties. With an average rental yield of 8% and a cap rate of 7.5%, investors can expect healthy returns. The area's homeowner occupancy is around 75%, indicating a stable demand for rental housing.
12%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Homer, IL, is approximately $1,200 per month, making it an attractive option for renters and investors alike.
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