Is Godfrey, IL a good place to invest in rental property?

Godfrey, IL has a median modeled monthly cash flow of $-493 and a median cap rate of 3.7%, on a median sold price of $218,750. Prices changed +2.9% year over year.

What is the average cap rate in Godfrey, IL?

The median cap rate across recently sold homes in Godfrey, IL is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Godfrey, IL?

The median sold price in Godfrey, IL is $218,750 (about $126 per square foot).

Investing in Godfrey, IL Real Estate

A data-driven snapshot of the Godfrey, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$218,750Median sold price

$126Median $/sqft

3.7%Median cap rate

$-493Modeled cash flow / mo

+2.9%Appreciation YoY

9.7Months of supply

213Active listings

264Sold (last 12 mo)

What the Godfrey numbers say

In Godfrey, IL, the median home sold for $218,750 (about $126 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-493 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 9.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Godfrey cash-flowing listings

CashFlowRE ranks every for-sale home in Godfrey, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Godfrey deals, or browse the national market data.