Investment Properties for Sale in Homer, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Homer, IL

Property at 2799 County Road 1350 N, Homer, IL
Fix & Flip
$ 199,000
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign355
  • 3 Bed
  • 2 Bath
  • 1248 sft
2799 County Road 1350 N, Homer, IL, 61849
Property at 111 Schoolview Dr, Homer, IL
$ 205,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign276
  • 3 Bed
  • 2 Bath
  • 1298 sft
111 Schoolview Dr, Homer, IL, 61849
Property at 410 W 4th St, Homer, IL
$ 147,500
ROI
36.7ROI percentage
Cash Flow/m
Dollar sign697
  • 4 Bed
  • 1 Bath
  • 1406 sft
410 W 4th St, Homer, IL, 61849
Property at 208 W 3rd St, Homer, IL
$ 177,500
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign552
  • 3 Bed
  • 1 Bath
  • 1260 sft
208 W 3rd 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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