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

Wood River, IL has a median modeled monthly cash flow of $-75 and a median cap rate of 5.7%, on a median sold price of $150,000. Prices changed +5.6% year over year.

What is the average cap rate in Wood River, IL?

The median cap rate across recently sold homes in Wood River, IL is 5.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wood River, IL?

The median sold price in Wood River, IL is $150,000 (about $114 per square foot).

Investing in Wood River, IL Real Estate

A data-driven snapshot of the Wood River, 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.

$150,000Median sold price

$114Median $/sqft

5.7%Median cap rate

$-75Modeled cash flow / mo

+5.6%Appreciation YoY

7.9Months of supply

92Active listings

139Sold (last 12 mo)

What the Wood River numbers say

In Wood River, IL, the median home sold for $150,000 (about $114 per square foot), and the typical deal models out to a 5.7% cap rate with a median $-75 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 7.9 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 Wood River cash-flowing listings

CashFlowRE ranks every for-sale home in Wood River, 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 Wood River deals, or browse the national market data.