Godfrey, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Godfrey, IL. Based on 10+ datapoints.
Godfrey, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-12.4%
Median Cashflow
-$840/mo
Avg Rent Estimate
$2,461/mo
Avg Price
$400,054
Price Range
$160,000 - $787,900
Rent to Price
0.62%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Godfrey, IL
Godfrey, IL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Godfrey, IL is -$840 with average rents of $2,461/month. Properties range from $160,000 to $787,900, offering entry points across multiple investment budgets.
Godfrey, IL Rental Market Insights
- •Median cashflow is -$840/month — careful deal selection is essential here
- •3.7% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Godfrey, IL requires selective property picks
- •Mid-to-upper tier market with properties from $160,000 to $787,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs