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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 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 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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