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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 1 day ago
$ 194,000
ROI
21.5
Cash Flow/m
94- 4 Bed
- 2 Bath
- 1321 sft
3609 Valley Dr, Godfrey, IL, 62035
Listed for sale 1 day ago
$ 259,900
ROI
20.5Cash Flow/m
51- 4 Bed
- 3 Bath
- 2576 sft
1810 Montview Ave, Godfrey, IL, 62035
Listed for sale 3 days ago
$ 275,000
ROI
21.5Cash Flow/m
137- 2 Bed
- 2 Bath
- 2044 sft
3212 Morkel 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
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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