Investment Properties Under $200K in Homewood, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

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

Property at 2141 Spruce Rd, Homewood, IL
Fix & Flip
Listed for sale 4 days ago
$ 124,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign113
  • 2 Bed
  • 1 Bath
  • 949 sft
2141 Spruce Rd, Homewood, IL, 60430
Property at 2311 183rd St APT 308, Homewood, IL
Motivated Seller
$ 199,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign211
  • 3 Bed
  • 3 Bath
  • 1400 sft
2311 183rd St APT 308, Homewood, IL, 60430
Property at 1822 Terrace Rd, Homewood, IL
$ 199,900
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign172
  • 3 Bed
  • 1 Bath
  • 858 sft
1822 Terrace Rd, Homewood, IL, 60430
Property at 1661 Burr Oak Rd, Homewood, IL
Fix & Flip
$ 149,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign94
  • 2 Bed
  • 1 Bath
  • - sft
1661 Burr Oak Rd, 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.

Find Your Perfect Investment Property in Homewood, Illinois

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