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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Godfrey, IL
Listed for sale 1 day ago
$ 194,000
ROI
21.5
Cash Flow/m
94- 4 Bed
- 2 Bath
- 1321 sft
3609 Valley Dr, Godfrey, IL, 62035
Fix & Flip
Listed for sale 3 days ago
$ 160,000
ROI
27.2Cash Flow/m
330- 3 Bed
- 2 Bath
- 1196 sft
5009 Staten Dr, Godfrey, IL, 62035
Listed for sale 5 days ago
$ 159,500
ROI
23.5Cash Flow/m
166- 3 Bed
- 1 Bath
- 1014 sft
218 Pinewood Dr, Godfrey, IL, 62035
Listed for sale 5 days ago
$ 179,900
ROI
29.1Cash Flow/m
468- 3 Bed
- 1 Bath
- 1074 sft
102 Saint Joseph Dr, 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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