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

Investment Properties for Sale in Jerome, IL

Property at 1720 W Glenn Ave, Jerome, IL
$ 139,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign108
  • 3 Bed
  • 1 Bath
  • 975 sft
1720 W Glenn Ave, Jerome, IL, 62704
Property at 1661 W Homewood Ave #1, Jerome, IL
$ 177,500
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign149
  • 3 Bed
  • 2 Bath
  • 1522 sft
1661 W Homewood Ave #1, Jerome, IL, 62704
Property at 2921 S Park Ave, Jerome, IL
$ 200,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign50
  • 4 Bed
  • 2 Bath
  • 1833 sft
2921 S Park Ave, Jerome, IL, 62704
Property at 6 Evergreen Ct, Jerome, IL
$ 189,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign112
  • 4 Bed
  • 2 Bath
  • 1615 sft
6 Evergreen Ct, 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.

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