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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
23.0
Cash Flow/m
138- 3 Bed
- 2 Bath
- 1372 sft
549 McHugh St, Wood River, IL, 62095

$ 170,000
ROI
29.2
Cash Flow/m
447- 3 Bed
- 1 Bath
- 780 sft
350 Woodland Ave, Wood River, IL, 62095

$ 130,000
ROI
23.9
Cash 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 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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