Under $500K 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
$ 158,000
ROI
30.1Cash Flow/m
453- 3 Bed
- 1 Bath
- 1000 sft
21 Alberta Ln, 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
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.
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