Under $200K Investment Properties for Sale in Homewood, IL

Property at 18018 Armitage Ct, Homewood, IL
Listed for sale 5 days ago
$ 200,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign21
  • 2 Bed
  • 1 Bath
  • 1230 sft
18018 Armitage Ct, Homewood, IL, 60430
Property at 18621 Morris Ave, Homewood, IL
$ 199,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign154
  • 2 Bed
  • 1 Bath
  • 880 sft
18621 Morris Ave, Homewood, IL, 60430
Property at 17633 Hillside Ave, Homewood, IL
$ 183,790
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign185
  • 2 Bed
  • 1 Bath
  • 1380 sft
17633 Hillside Ave, Homewood, IL, 60430
Property at 18120 Rockwell Ave, Homewood, IL
$ 180,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign178
  • 3 Bed
  • 2 Bath
  • 1937 sft
18120 Rockwell Ave, Homewood, IL, 60430

Why Invest in Homewood, Illinois?

Investing in Homewood, IL, presents a unique opportunity to find properties under $200k in a community with stable rental demand. The median home price in this area has shown resilience, making it appealing for both first-time homebuyers and savvy investors. With an average rental yield of 8% and strong cash flow potential, Homewood could be a lucrative addition to your investment portfolio.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Homewood, you will find a range of properties including single-family homes, condos, and townhouses that cater to first-time buyers and investors alike.

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