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 2718 County Road 1200 N, Homer, IL
$ 225,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign326
  • 2 Bed
  • 2 Bath
  • 1720 sft
2718 County Road 1200 N, Homer, IL, 61849
Property at 601 E 1st St, Homer, IL
$ 120,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign117
  • 2 Bed
  • 1 Bath
  • 951 sft
601 E 1st 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
Property at 209 S Ellen St, Homer, IL
$ 114,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign87
  • 2 Bed
  • 1 Bath
  • 998 sft
209 S Ellen 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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