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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
$ 167,000
ROI
21.8
Cash Flow/m
97- 3 Bed
- 2 Bath
- 1183 sft
1625 W Vernon Ave, Jerome, IL, 62704
$ 114,900
ROI
22.4Cash Flow/m
85- 2 Bed
- 1 Bath
- 846 sft
10 Reed Ct, Jerome, IL, 62704
$ 164,000
ROI
22.5Cash Flow/m
123- 3 Bed
- 1 Bath
- 1677 sft
2732 S Welch Ave #1, Jerome, IL, 62704
$ 199,900
ROI
23.0Cash Flow/m
177- 3 Bed
- 2 Bath
- 1850 sft
2817 S Park Ave, 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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