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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Wood River, IL
Listed for sale 4 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?
Investing in Wood River, IL offers unique opportunities, especially with properties under $200k. The average cash flow potential in this region is quite attractive for investors, with a solid rental yield and a cap rate that can make your investment worthwhile. With a steady appreciation rate, this area is becoming increasingly popular among renters, making it an ideal spot to grow your real estate portfolio.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Wood River is approximately $1,200, making it an affordable option for many renters.
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