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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Godfrey, IL
Listed for sale 2 days ago
$ 340,000
ROI
26.3
Cash Flow/m
623- 3 Bed
- 2 Bath
- 2108 sft
7721 Walsh Rd, Godfrey, IL, 62035
Listed for sale 3 days ago
$ 190,000
ROI
22.1Cash Flow/m
122- 3 Bed
- 2 Bath
- 1686 sft
7732 Redbird Ln, Godfrey, IL, 62035
Listed for sale 5 days ago
$ 159,900
ROI
27.2Cash Flow/m
331- 3 Bed
- 2 Bath
- 1365 sft
2825 Gerson Ave, Godfrey, IL, 62035
$ 160,000
ROI
23.3Cash Flow/m
157- 3 Bed
- 2 Bath
- 1887 sft
5673 Humbert Rd, Godfrey, IL, 62035
Why Invest in Godfrey, Illinois?
Investing in Godfrey, IL, especially with properties under $500k, presents a unique opportunity to tap into a market with a steady demand for housing. With a strong community focus and increasing rental demand, Godfrey's rental yield and cash flow metrics make it an appealing choice for investors. The area's average rent is competitively priced, and home appreciation rates contribute to solid long-term investment potential.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Godfrey, IL is approximately $1,200, which provides a good return for rental property investors.
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