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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 5 days ago
$ 154,900
ROI
22.2
Cash Flow/m
105- 3 Bed
- 1 Bath
- 950 sft
320 S Main St, Wood River, IL, 62095
Fix & Flip
Rental Income
$ 115,000
ROI
30.5Cash Flow/m
342- 4 Bed
- 2 Bath
- 1310 sft
529 N 2nd St, Wood River, IL, 62095
$ 152,900
ROI
22.9Cash Flow/m
133- 2 Bed
- 2 Bath
- 1036 sft
535 5th St, Wood River, IL, 62095
Fix & Flip
$ 145,000
ROI
22.4Cash Flow/m
107- 3 Bed
- 2 Bath
- 1513 sft
551 Woodland Ave, 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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