Investment Properties Under $500K in Godfrey, IL | Ziffy.ai
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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

Property at 201 Pine Ridge Dr, Godfrey, IL
Listed for sale today
$ 134,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign113
  • 3 Bed
  • 1 Bath
  • 960 sft
201 Pine Ridge Dr, Godfrey, IL, 62035
Property at 236 W Delmar Ave, Godfrey, IL
Listed for sale today
$ 179,200
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign300
  • 2 Bed
  • 1 Bath
  • 900 sft
236 W Delmar Ave, Godfrey, IL, 62035
Property at 1324 Normandy Dr, Godfrey, IL
Listed for sale 1 day ago
$ 175,000
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign3
  • 2 Bed
  • 1 Bath
  • 964 sft
1324 Normandy Dr, Godfrey, IL, 62035
Property at 1430 Mullen Ln, Godfrey, IL
Listed for sale 5 days ago
$ 389,000
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign225
  • 3 Bed
  • 3 Bath
  • 2276 sft
1430 Mullen Ln, 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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