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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Jerome, IL
$ 139,900
ROI
22.5
Cash Flow/m
108- 3 Bed
- 1 Bath
- 975 sft
1720 W Glenn Ave, Jerome, IL, 62704
$ 177,500
ROI
22.8Cash Flow/m
149- 3 Bed
- 2 Bath
- 1522 sft
1661 W Homewood Ave #1, Jerome, IL, 62704
$ 200,000
ROI
20.6Cash Flow/m
50- 4 Bed
- 2 Bath
- 1833 sft
2921 S Park Ave, Jerome, IL, 62704
$ 189,900
ROI
21.9Cash Flow/m
112- 4 Bed
- 2 Bath
- 1615 sft
6 Evergreen Ct, Jerome, IL, 62704
Why Invest in Jerome, Illinois?
Investing in Jerome, IL, where properties are available for under $300k, can provide solid returns for savvy investors. With a growing economy and an average rental yield of 8%, the area is becoming increasingly attractive. The market offers competitive cap rates that could enhance your overall cash flow.
7.5%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Jerome, IL, is approximately 8%, making it an attractive market for real estate investors.
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