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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Wood River, IL
Listed for sale today
$ 110,000
ROI
22.5
Cash Flow/m
85- 3 Bed
- 1 Bath
- 1120 sft
712 Condit St, Wood River, IL, 62095
Listed for sale 5 days ago
$ 154,000
ROI
23.0Cash Flow/m
138- 3 Bed
- 2 Bath
- 1372 sft
549 McHugh St, Wood River, IL, 62095
Listed for sale 7 days ago
$ 170,000
ROI
29.2Cash Flow/m
447- 3 Bed
- 1 Bath
- 780 sft
350 Woodland Ave, Wood River, IL, 62095
$ 130,000
ROI
23.9Cash Flow/m
148- 2 Bed
- 1 Bath
- 1064 sft
402 S 9th St, Wood River, IL, 62095
Why Invest in Wood River, Illinois?
Investing in Wood River, IL can be an attractive opportunity for investors looking for rental properties. With an average rent of $1,200 and a solid rental yield of 8%, this area showcases the potential for high returns. The local market has shown consistent appreciation rates of around 3% annually and a renter-occupied rate of 70%, indicating strong demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Wood River, IL is approximately $1,200, making it an affordable option for renters and a potential strong market for rental investors.
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