Under $300K Investment Properties for Sale in Homewood, IL
Listed for sale 4 days ago
$ 200,000
ROI
20.1
Cash Flow/m
21- 2 Bed
- 1 Bath
- 1230 sft
18018 Armitage Ct, Homewood, IL, 60430
Listed for sale 6 days ago
$ 277,000
ROI
22.8Cash Flow/m
233- 4 Bed
- 2 Bath
- 1344 sft
17730 Cherrywood Ln, Homewood, IL, 60430
$ 199,000
ROI
22.5Cash Flow/m
154- 2 Bed
- 1 Bath
- 880 sft
18621 Morris Ave, Homewood, IL, 60430
$ 183,790
ROI
23.4Cash Flow/m
185- 2 Bed
- 1 Bath
- 1380 sft
17633 Hillside Ave, Homewood, IL, 60430
Why Invest in Homewood, Illinois?
Investing in homes under $300k in Homewood, IL is a strategic choice for savvy investors. With a strong rental demand and favorable cap rates, Homewood presents an attractive environment for generating passive income.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent for homes in Homewood falls around $1,400 per month, making it an attractive market for rental income.
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