Under $500K Investment Properties for Sale in Godfrey, IL
Listed for sale 5 days ago
$ 277,000
ROI
24.1
Cash Flow/m
333- 2 Bed
- 3 Bath
- 2343 sft
1617 Mont Vista Ave, Godfrey, IL, 62035
$ 139,900
ROI
23.1Cash Flow/m
129- 3 Bed
- 2 Bath
- 2280 sft
1108 Bethany Ln, Godfrey, IL, 62035
$ 320,000
ROI
21.0Cash Flow/m
112- 3 Bed
- 3 Bath
- 3072 sft
5213 Jerome Dr, Godfrey, IL, 62035
$ 220,000
ROI
20.3Cash Flow/m
31- 3 Bed
- 2 Bath
- 1669 sft
4815 Blu Fountain 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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