Under $200K Investment Properties for Sale in Godfrey, IL
$ 139,900
ROI
23.1
Cash Flow/m
129- 3 Bed
- 2 Bath
- 2280 sft
1108 Bethany Ln, Godfrey, IL, 62035
$ 195,000
ROI
21.4Cash Flow/m
87- 3 Bed
- 3 Bath
- 1536 sft
4928 Hill Dr, Godfrey, IL, 62035
$ 128,000
ROI
21.9Cash Flow/m
77- 2 Bed
- 1 Bath
- 768 sft
2808 Norwood Ln, Godfrey, IL, 62035
$ 120,000
ROI
23.6Cash Flow/m
129- 2 Bed
- 1 Bath
- 874 sft
2707 Gerson Ave, Godfrey, IL, 62035
Why Invest in Godfrey, Illinois?
Investing in Godfrey, IL, offers opportunities for properties priced under $200k, making it an attractive option for budget-conscious investors. With a rental yield that often hovers around 8%, investors can expect healthy cash flow paired with an appreciation potential of 4% annually. The city's steady job growth and affordable living costs create an appealing environment for both renters and real estate investors alike.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Godfrey, IL is approximately $1,200 per month, making it affordable for many families and individuals. This price point also illustrates the potential for positive cash flow for investors.
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