331 W Homer St
$1,195
/moOwn this home — $125,000 purchase price
Features
Property Details
Year Built
1898
Lot Size
3,049 sqft
Heating
Forced Air
Basement
Full
County
Stephenson
About this home
Stop Renting. Start Owning! Affordable homeownership opportunity starting at just $1,195/month. This cozy 2-bedroom, 1-bathroom home was built in 1898 and offers 1,053 sqft of comfortable living space with a full basement for extra storage or potential finished space. Forced air heating keeps the home warm year-round. Located on W Homer St in Freeport — a quiet street perfect for first-time homeowners or anyone looking to downsize and build equity. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $125,000 purchase price with payments as low as $1,195/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.
Program Benefits
Why families choose Pied Piper Group
Minimal Upfront Cash
Security deposit applied toward down payment. First rent = first mortgage payment.
Close in 72 Hours
Not 30-60 days. Our streamlined model allows faster approvals and immediate move-in.
Lower Than Rent
Own for as low as $1,295/mo — less than typical rent ($1,400-$1,600+).
Build Equity From Day 1
Every payment builds ownership, stability, and long-term wealth.
Simplified Process
No endless underwriting. No 60-page bank checklists. If you qualify to rent, you may qualify to own.
Interested in this property?
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