Single Family Investment Properties for Sale in Jerome, IL
Listed for sale 1 day ago
$ 179,000
ROI
23.3
Cash Flow/m
175- 3 Bed
- 1 Bath
- 1208 sft
1705 W Glenn Ave, Jerome, IL, 62704
$ 118,000
ROI
23.4Cash Flow/m
121- 3 Bed
- 1 Bath
- 1270 sft
18 Barbara Ct, Jerome, IL, 62704
$ 155,000
ROI
23.2Cash Flow/m
148- 3 Bed
- 2 Bath
- 1700 sft
1518 W Iles Ave, Jerome, IL, 62704
$ 179,000
ROI
24.5Cash Flow/m
236- 2 Bed
- 1 Bath
- 1956 sft
2607 S Lincoln Ave, Jerome, IL, 62704
Why Invest in Jerome, Illinois?
Investing in single-family homes in Illinois offers a stable rental market with favorable rental yields. The state's diverse economy and ongoing job growth make it an attractive location for long-term investment. With a competitive average ROI and an appealing cap rate, now is a great time to consider adding Illinois properties to your portfolio.
8.2%
Avg. ROI
5.6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental price for single-family homes in Illinois is around $1,500 per month. This competitive rate reflects the demand for housing across various regions in the state.
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