Investment Properties Under $200K in Homer, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K 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 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
Property at 509 S Main St, Homer, IL
$ 169,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign102
  • 3 Bed
  • 1 Bath
  • 1784 sft
509 S Main St, Homer, IL, 61849

Why Invest in Homer, Illinois?

Investing in Homer, IL, particularly in properties under $200k, offers great potential for strong returns. The area boasts a rental yield of approximately 9% and an average cash flow of $1,200, making it a compelling option for investors seeking affordable real estate. With a steady appreciation rate of 3% and high occupancy levels, now is an ideal time to consider investment opportunities here.

12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Homer, IL offers a variety of single-family homes, townhouses, and small multifamily units priced under $200k. Investors can find properties that yield strong rental returns.

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