Under $200K Investment Properties for Sale in Jerome, ID
Fix & Flip
$ 180,000
ROI
27.3
Cash Flow/m
379- 4 Bed
- 1 Bath
- 1190 sft
324 5th Ave W, Jerome, ID, 83338
$ 125,000
ROI
27.8Cash Flow/m
278- 2 Bed
- 1 Bath
- 240 sft
210 6th Ave E, Jerome, ID, 83338
Fix & Flip
$ 164,500
ROI
29.7Cash Flow/m
455- 2 Bed
- 1 Bath
- 762 sft
417 E Avenue G, Jerome, ID, 83338
$ 179,900
ROI
25.6Cash Flow/m
293- 2 Bed
- 1 Bath
- 862 sft
421 5th 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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