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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hometown, IL
Listed for sale 1 day ago
$ 239,900
ROI
26.3
Cash Flow/m
436- 4 Bed
- 2 Bath
- 1050 sft
(Undisclosed Address), Hometown, IL, 60456
Listed for sale 3 days ago
$ 249,900
ROI
25.0Cash Flow/m
367- 3 Bed
- 2 Bath
- 1223 sft
8808 Corcoran Rd, Hometown, IL, 60456
$ 229,900
ROI
29.0Cash Flow/m
594- 2 Bed
- 1 Bath
- 780 sft
8801 S Corcoran Rd, Hometown, IL, 60456
$ 174,900
ROI
31.7Cash Flow/m
583- 2 Bed
- 1 Bath
- 744 sft
8743 S Kolin Ave, Hometown, IL, 60456
Why Invest in Hometown, Illinois?
Investing in Hometown, Illinois presents unique opportunities, especially for properties under $500k. The area's affordability combined with stable rental demand can yield attractive returns. The average ROI stands at around 7%, while rental yields hover at 6.5%.
7%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Hometown is approximately $1,200 per month. This rate is competitive given the area's growing demand for rental properties.
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