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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Wood River, IL
Listed for sale 5 days ago
$ 189,000
ROI
23.0
Cash Flow/m
170- 3 Bed
- 2 Bath
- 1540 sft
226 E Penning Ave, Wood River, IL, 62095
$ 140,000
ROI
22.7Cash Flow/m
116- 3 Bed
- 1 Bath
- 1471 sft
510 Hamilton Ave, Wood River, IL, 62095
$ 158,000
ROI
22.7Cash Flow/m
131- 3 Bed
- 1 Bath
- 988 sft
603 Sotier Pl, Wood River, IL, 62095
$ 120,000
ROI
22.4Cash Flow/m
90- 3 Bed
- 1 Bath
- 912 sft
743 State St, Wood River, IL, 62095
Why Invest in Wood River, Illinois?
Wood River, IL presents a compelling opportunity for investors seeking high rental yields. With a vibrant local economy and growing demand for housing, rental properties in this area are highly sought after. Investors can expect competitive rental rates, favorable appreciation trends, and a strong cap rate that enhances cash flow potential.
8%
Avg. ROI
7.5%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Wood River, IL is approximately $1,200 per month, making it an attractive option for renters and investors alike.
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