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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Homewood, IL
Fix & Flip
Listed for sale 4 days ago
$ 124,900
ROI
23.0
Cash Flow/m
113- 2 Bed
- 1 Bath
- 949 sft
2141 Spruce Rd, Homewood, IL, 60430
Fix & Flip
$ 255,000
ROI
20.2Cash Flow/m
33- 3 Bed
- 2 Bath
- 1206 sft
18516 Riegel Rd, Homewood, IL, 60430
Fix & Flip
$ 275,000
ROI
23.0Cash Flow/m
247- 4 Bed
- 3 Bath
- 2412 sft
2736 Marlin Ct, Homewood, IL, 60430
Fix & Flip
$ 149,900
ROI
22.0Cash Flow/m
94- 2 Bed
- 1 Bath
- - sft
1661 Burr Oak Rd, Homewood, IL, 60430
Why Invest in Homewood, Illinois?
Homewood, IL offers a unique opportunity for fix-and-flip investors looking to maximize their returns. With a historical appreciation rate of 3% and an average cap rate of 7%, many properties in this area are ripe for renovation. The rental yield is competitive, making it an attractive market for those seeking to enhance property values quickly.
15%
Avg. ROI
5%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix-and-flip investments in Homewood is approximately 15%, making it a profitable market for investors.
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