Investment Properties Under $500K in Homer, 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 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?

Investing in Homer, IL can offer great opportunities for properties under $500k. This charming area presents attractive investment metrics including a stable rental market and promising appreciation rates. With a growing economy and family-friendly amenities, Homer is ideal for both new and seasoned investors looking to maximize their returns.

8.5%
Avg. ROI
7%
Rental Yield
6.2%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Homer, IL is approximately $1,200 per month, making it an attractive option for renters and investors alike.

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