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

Under $500K 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, Illinois, is an attractive opportunity with homes currently available for under $500k. The area offers promising returns with an average ROI of 8% and a solid rental yield of 6%, making it ideal for investors looking to diversify their portfolio.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average home price in Jerome is currently around $400,000, with many listings available under the $500k mark, making it an affordable option for first-time homebuyers.

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