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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Wood River, IL
Listed for sale 1 day ago
$ 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 6 days ago
$ 154,000
ROI
23.0Cash Flow/m
138- 3 Bed
- 2 Bath
- 1372 sft
549 McHugh St, Wood River, IL, 62095
$ 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 properties under $300k in Wood River, IL provides an excellent opportunity for informed investors. With an average rental yield of 8% and cap rates around 7%, the prospects for cash flow are promising. The area's appreciation rate has been stable, making it a sound choice for long-term investment.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Wood River is about $1,200 per month, making it affordable for many residents while providing good returns for investors.
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