Investment Properties for Sale in Jerome, IL | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Jerome, IL

Property at 1518 W Iles Ave, Jerome, IL
Listed for sale 3 days ago
$ 155,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign108
  • 3 Bed
  • 2 Bath
  • 1700 sft
1518 W Iles Ave, Jerome, IL, 62704
Property at 2607 S Lincoln Ave, Jerome, IL
$ 179,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign288
  • 2 Bed
  • 1 Bath
  • 1956 sft
2607 S Lincoln Ave, Jerome, IL, 62704
Property at 1629 Reed Ave, Jerome, IL
$ 195,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign184
  • 3 Bed
  • 2 Bath
  • 2106 sft
1629 Reed Ave, Jerome, IL, 62704
Property at 1526 W Jerome Ave #1, Jerome, IL
$ 155,000
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign425
  • 2 Bed
  • 2 Bath
  • 1275 sft
1526 W Jerome Ave #1, Jerome, IL, 62704

Why Invest in Jerome, Illinois?

Investing in Jerome, IL, offers great opportunities for growth, especially for multifamily properties. With a favorable rental yield and competitive rental rates, investors can enjoy steady cash flow and appreciate the area's charm and community spirit. This location is ideal for those looking to enter the real estate market with solid metrics backing their decision.

8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Jerome, IL, is approximately $1,200 per month, making it competitive in the local market. This rate can vary depending on the type of property.

Find Your Perfect Investment Property in Jerome, Illinois

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Jerome, IL
Fix and Flip Properties in Jerome, IL
Short-Term Rental Properties in Jerome, IL
AI