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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 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 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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