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 15+ datapoints.
Godfrey, IL Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-10%
Median Cashflow
-$519/mo
Avg Rent Estimate
$2,102/mo
Avg Price
$317,417
Price Range
$125K – $550K
approximate
Rent to Price
0.66%
low ratio
Positive Cashflow
11%
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 4.6%, 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 15+ analyzed properties, the median monthly cashflow in Godfrey, IL is -$519 with average rents of $2,102/month. Properties are priced about $125,000 to $550,000, offering entry points across multiple investment budgets.
Godfrey, IL Rental Market Insights
- Median cashflow is -$519/month — careful deal selection is essential here
- 4.6% median cap rate is typical of appreciation-focused markets
- At 11% positive cashflow rate, Godfrey, IL requires selective property picks
- Mid-to-upper tier market with properties priced about $125,000 to $550,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs