Under $500K 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, opens up opportunities for properties under $500k. With a growing community and a moderate cost of living, investors can expect a healthy rental yield and steady appreciation. The average rental rates are competitive, making this location an attractive option for new and seasoned investors alike.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Wood River is approximately $1,200, making it affordable for many families and individuals. This rate is consistent with other cities in the region.
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