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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Jerome, ID
Listed for sale 7 days ago
$ 175,000
ROI
27.5
Cash Flow/m
377- 3 Bed
- 1 Bath
- 864 sft
308 E Ave E, Jerome, ID, 83338
$ 190,000
ROI
33.1Cash Flow/m
705- 4 Bed
- 2 Bath
- 1056 sft
415 1st Ave E, Jerome, ID, 83338
Fix & Flip
$ 160,000
ROI
31.1Cash Flow/m
505- 2 Bed
- 1 Bath
- 1360 sft
620 S Fillmore St, Jerome, ID, 83338
$ 110,000
ROI
26.4Cash Flow/m
203- 1 Bed
- 1 Bath
- 882 sft
409 1st Ave E, Jerome, ID, 83338
Why Invest in Jerome, Idaho?
Investing in Jerome, ID, particularly in properties under $200k, presents an appealing opportunity for savvy investors. With a growing influx of new residents and an increasing rental demand, the local housing market shows promising signs of appreciation and steady cash flow. Properties in this price range are ideal for first-time investors looking to maximize their return on investment.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Investing in Jerome provides access to a growing market with affordable property prices and increasing rental demand. The low vacancy rates and favorable rental yields make it an attractive investment destination.
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