Real Estate Investment Properties for Sale in Godfrey, IL

Looking for investment property in Godfrey, IL with high ROI ?

Explore a variety of short-term homes & houses in Godfrey, IL. Invest wisely with VRBO & Godfrey, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Godfrey, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3403 Riverview Court Godfrey, IL This stunning 4-Bedroom residence features panoramic Mississippi River views & expansive o...	4 beds \| 4 baths \| 3,400 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $3593 Airbnb ROI: N/A Traditional ROI: 3.77%
2723 Walter Street Godfrey, IL 2 Bedroom, 2 Bath Home in Godfrey! Tons of updates! In 2013 - Vinyl-Siding, Windows, HVAC,...	2 beds \| 2 baths \| 1,174 sq.ft.	$99,900	Airbnb cash on cash: 9.68% Traditional cash on cash: 11.1% Airbnb Rental Income: $1681 Traditional Rental Income: $1350 Airbnb ROI: 9.68% Traditional ROI: 11.1%
1003 Koenig Drive Godfrey, IL This open floor plan blends comfort with style! Gorgeous kitchen w/island, granite counter...	3 beds \| 2 baths \| 1,515 sq.ft.	$279,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.09% Airbnb Rental Income: $1596 Traditional Rental Income: $2182 Airbnb ROI: 1.13% Traditional ROI: 5.09%
2719 Gerson Avenue Godfrey, IL CHARMING 2-BR BRICK BUNGALOW IN GODFREY! This 2-BR 2-BA home features an enclosed front p...	2 beds \| 2 baths \| 874 sq.ft.	$122,900	Airbnb cash on cash: 6.74% Traditional cash on cash: 11.19% Airbnb Rental Income: $1681 Traditional Rental Income: $1739 Airbnb ROI: 6.74% Traditional ROI: 11.19%
208 TREMONT DRIVE Godfrey, IL Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1 baths \| 972 sq.ft.	$121,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 8.67% Airbnb Rental Income: $1596 Traditional Rental Income: $1479 Airbnb ROI: 5.78% Traditional ROI: 8.67%
5200 Little Creek Lane Godfrey, IL Welcome to this charming 3-bedroom, 2-bath home offering over 2,000 square feet of living ...	3 beds \| 2 baths \| 2,024 sq.ft.	$276,500	Airbnb cash on cash: 0.86% Traditional cash on cash: 5.4% Airbnb Rental Income: $1596 Traditional Rental Income: $2326 Airbnb ROI: 0.86% Traditional ROI: 5.4%
1300 White Oak Trail Godfrey, IL This Custom-Built, two owner all brick home in the Oaks at Greystone is a beautiful, warm ...	3 beds \| 3 baths \| 3,273 sq.ft.	$555,000	Airbnb cash on cash: -1.18% Traditional cash on cash: -0.32% Airbnb Rental Income: $1596 Traditional Rental Income: $1586 Airbnb ROI: -1.18% Traditional ROI: -0.32%
1202 Sir Lancelot Lane Godfrey, IL Welcome home to this spacious 3+ bedroom, 3-bath, ranch-style home offering the perfect bl...	3 beds \| 3 baths \| 2,340 sq.ft.	$230,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 4.85% Airbnb Rental Income: $1596 Traditional Rental Income: $1610 Airbnb ROI: 2.7% Traditional ROI: 4.85%
5667 Humbert Road Godfrey, IL Come and see this Charming and Cozy Ranch style home. This beauty is turn-key ready for th...	3 beds \| 2 baths \| 1,272 sq.ft.	$225,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 5.76% Airbnb Rental Income: $1596 Traditional Rental Income: $1722 Airbnb ROI: 3.03% Traditional ROI: 5.76%
4442 Delta Queen Lane Godfrey, IL Back on the market at No fault of the seller. Passed Occupancy Permit. Move-in ready 3 b...	3 beds \| 3 baths \| 1,560 sq.ft.	$175,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 6.37% Airbnb Rental Income: $1596 Traditional Rental Income: $1635 Airbnb ROI: 3.41% Traditional ROI: 6.37%
4814 AZALEA Place #2 Godfrey, IL Azalea Gardens Condominiums. This Condo community offers several prime lots to choose from...	2 beds \| 2 baths \| 1,400 sq.ft.	$259,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.89% Airbnb Rental Income: $1681 Traditional Rental Income: $1947 Airbnb ROI: 0.89% Traditional ROI: 3.89%
7304 Montclair Avenue Godfrey, IL FULLY REMODELED & MOVE-IN READY! This beautiful home has been updated from top to bottom...	3 beds \| 1 baths \| 1,118 sq.ft.	$199,900	Airbnb cash on cash: 3.56% Traditional cash on cash: 5.82% Airbnb Rental Income: $1596 Traditional Rental Income: $1570 Airbnb ROI: 3.56% Traditional ROI: 5.82%
321 Mercury Drive Godfrey, IL Welcome home to this beautifully updated 4-bedroom, 2-bath residence, offering modern comf...	4 beds \| 2 baths \| 2,484 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $1746 Airbnb ROI: N/A Traditional ROI: 5.71%
19 Ruth Ann Drive Godfrey, IL Stunningly Updated Home on Nearly 3/4 of an Acre â Move-In Ready! Discover the perfect b...	3 beds \| 2 baths \| 1,340 sq.ft.	$245,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 5.18% Airbnb Rental Income: $1596 Traditional Rental Income: $1897 Airbnb ROI: 1.91% Traditional ROI: 5.18%
1502 Autumn Street Godfrey, IL OPEN HOUSE Sunday, November 16th from 12pm-1:30pm. Welcome to this stunning 4-bedroom, 3-b...	4 beds \| 3 baths \| 2,865 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $2747 Airbnb ROI: N/A Traditional ROI: 3.94%
8815 Godfrey Road Godfrey, IL NEW EVERYTHING!! This immaculate Godfrey home has been updated from top to bottom, offerin...	2 beds \| 2 baths \| 1,092 sq.ft.	$149,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 9.04% Airbnb Rental Income: $1681 Traditional Rental Income: $1754 Airbnb ROI: 5.26% Traditional ROI: 9.04%
223 Bachman Lane Godfrey, IL IMPROVED PRICE! Affordable Godfrey Home. This charming 3-bedroom, 2-bathroom home is move-...	3 beds \| 2 baths \| 1,644 sq.ft.	$149,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 10.6% Airbnb Rental Income: $1596 Traditional Rental Income: $2001 Airbnb ROI: 4.6% Traditional ROI: 10.6%
1012 Richard Drive Godfrey, IL Welcome to this charming 3 bedroom, 2 bath brick ranch perfectly situated on a corner lot ...	3 beds \| 2 baths \| 1,619 sq.ft.	$219,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.95% Airbnb Rental Income: $1596 Traditional Rental Income: $2160 Airbnb ROI: 2.04% Traditional ROI: 6.95%
3412 Emma Ln Lane Godfrey, IL Great opportunity*** to own this well maintained and updated brick ranch on a large, doubl...	3 beds \| 1 baths \| 1,000 sq.ft.	$259,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.96% Airbnb Rental Income: $1596 Traditional Rental Income: $1547 Airbnb ROI: 2.31% Traditional ROI: 3.96%
4101 Stoneledge Drive Godfrey, IL This stunning 6,000 sq. ft. home located on the bluffs in Godfrey sits on a cul-de-sac lot...	5 beds \| 6 baths \| 6,029 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.6% Airbnb Rental Income: $null Traditional Rental Income: $6516 Airbnb ROI: N/A Traditional ROI: 8.6%
26641 Lockhaven Hill Godfrey, IL LOOKING FOR STUNNING RIVER VIEWS? LOOK NO FURTHER! Enjoy the best of both worlds with t...	3 beds \| 2 baths \| 2,572 sq.ft.	$349,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.83% Airbnb Rental Income: $1596 Traditional Rental Income: $2395 Airbnb ROI: 0.02% Traditional ROI: 3.83%
1300 Duval Drive Godfrey, IL Don't miss this amazing opportuinty! 5 Bedroom, 3 Full Bathroom Home in the desired commun...	5 beds \| 3 baths \| 2,744 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $3023 Airbnb ROI: N/A Traditional ROI: 8.08%
5004 Castlegate Lane Godfrey, IL Welcome to 5004 Castlegate Lane, located in the highly desirable Summerfield Gardens. This...	3 beds \| 3 baths \| 2,230 sq.ft.	$325,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 5.08% Airbnb Rental Income: $1596 Traditional Rental Income: $2721 Airbnb ROI: -0.09% Traditional ROI: 5.08%
1115 Robert Drive Godfrey, IL Ranch all brick home in Glazebrook Subdivision! This home has so much potential and the sp...	3 beds \| 3 baths \| 1,966 sq.ft.	$245,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 7.64% Airbnb Rental Income: $1596 Traditional Rental Income: $2408 Airbnb ROI: 2.17% Traditional ROI: 7.64%
15176 Lageman Road Godfrey, IL Discover the charm of this unique 3.48-acre rural property, ready for its next owner to ma...	3 beds \| 2 baths \| 1,300 sq.ft.	$325,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.86% Airbnb Rental Income: $1596 Traditional Rental Income: $1819 Airbnb ROI: 1.65% Traditional ROI: 3.86%
702 Saint Anthony Drive Godfrey, IL Don't miss this spacious renovated split level home on a peaceful lot with mature trees. C...	4 beds \| 2 baths \| 2,104 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $2563 Airbnb ROI: N/A Traditional ROI: 7.69%

Real Estate investment in Godfrey, IL

There are 36 properties for sale in the city of Godfrey . The median list price in Godfrey is $245,000 and the average price per square foot is $119. In December 2025, the average monthly cash on cash return in Godfrey is 6.00%. The average monthly rental income in Godfrey is $2,003.

Godfrey, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 36 investment properties available for sale in Godfrey.

In 2025, the best neighborhood to buy investment property is Godfrey.

The ROI for Long-Term is higher than the Short-Term in Godfrey with average rental income of $2,003.

Your search for investment property begins and ends here

Investment Property for Sale in Godfrey, IL

3403 Riverview Court

Godfrey, IL

4 beds | 4 baths | 3,400 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.77%

Airbnb Rental Income: $null

Traditional Rental Income: $3593

Airbnb ROI: N/A

Traditional ROI: 3.77%

2723 Walter Street

Godfrey, IL

2 beds | 2 baths | 1,174 sq.ft.

$99,900

Airbnb cash on cash: 9.68%

Traditional cash on cash: 11.1%

Airbnb Rental Income: $1681

Traditional Rental Income: $1350

Airbnb ROI: 9.68%

Traditional ROI: 11.1%

1003 Koenig Drive

Godfrey, IL

3 beds | 2 baths | 1,515 sq.ft.

$279,000

Airbnb cash on cash: 1.13%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1596

Traditional Rental Income: $2182

Airbnb ROI: 1.13%

Traditional ROI: 5.09%

2719 Gerson Avenue

Godfrey, IL

2 beds | 2 baths | 874 sq.ft.

$122,900

Airbnb cash on cash: 6.74%

Traditional cash on cash: 11.19%

Airbnb Rental Income: $1681

Traditional Rental Income: $1739

Airbnb ROI: 6.74%

Traditional ROI: 11.19%

208 TREMONT DRIVE

Godfrey, IL

3 beds | 1 baths | 972 sq.ft.

$121,000

Airbnb cash on cash: 5.78%

Traditional cash on cash: 8.67%

Airbnb Rental Income: $1596

Traditional Rental Income: $1479

Airbnb ROI: 5.78%

Traditional ROI: 8.67%

5200 Little Creek Lane

Godfrey, IL

3 beds | 2 baths | 2,024 sq.ft.

$276,500

Airbnb cash on cash: 0.86%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $1596

Traditional Rental Income: $2326

Airbnb ROI: 0.86%

Traditional ROI: 5.4%

1300 White Oak Trail

Godfrey, IL

3 beds | 3 baths | 3,273 sq.ft.

$555,000

Airbnb cash on cash: -1.18%

Traditional cash on cash: -0.32%

Airbnb Rental Income: $1596

Traditional Rental Income: $1586

Airbnb ROI: -1.18%

Traditional ROI: -0.32%

1202 Sir Lancelot Lane

Godfrey, IL

3 beds | 3 baths | 2,340 sq.ft.

$230,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $1596

Traditional Rental Income: $1610

Airbnb ROI: 2.7%