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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 5 days ago
$ 154,900
ROI
22.2
Cash Flow/m
105- 3 Bed
- 1 Bath
- 950 sft
320 S Main St, Wood River, IL, 62095
Fix & Flip
Rental Income
$ 115,000
ROI
30.5Cash Flow/m
342- 4 Bed
- 2 Bath
- 1310 sft
529 N 2nd St, Wood River, IL, 62095
$ 152,900
ROI
22.9Cash Flow/m
133- 2 Bed
- 2 Bath
- 1036 sft
535 5th St, Wood River, IL, 62095
Fix & Flip
$ 145,000
ROI
22.4Cash Flow/m
107- 3 Bed
- 2 Bath
- 1513 sft
551 Woodland Ave, 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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