Investment Properties for Sale in Wood River, IL
Listed for sale 4 days ago
$ 139,000
ROI
21.8
Cash Flow/m
79- 3 Bed
- 1 Bath
- 816 sft
1440 Ladd Ave, Wood River, IL, 62095
$ 135,000
ROI
22.8Cash Flow/m
114- 2 Bed
- 1 Bath
- 870 sft
130 Harnett Ave, Wood River, IL, 62095
$ 112,500
ROI
22.4Cash Flow/m
82- 2 Bed
- 2 Bath
- 934 sft
437 Short Ave, Wood River, IL, 62095
$ 285,000
ROI
20.1Cash Flow/m
28- 4 Bed
- 4 Bath
- 3005 sft
86 Eastmoor Dr, 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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