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

Aledo, IL has a median modeled monthly cash flow of $-171 and a median cap rate of 4.7%, on a median sold price of $139,500. Prices changed +3.3% year over year.

What is the average cap rate in Aledo, IL?

The median cap rate across recently sold homes in Aledo, IL is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Aledo, IL?

The median sold price in Aledo, IL is $139,500 (about $94 per square foot).

Investing in Aledo, IL Real Estate

A data-driven snapshot of the Aledo, 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.

$139,500Median sold price

$94Median $/sqft

4.7%Median cap rate

$-171Modeled cash flow / mo

+3.3%Appreciation YoY

6.9Months of supply

41Active listings

71Sold (last 12 mo)

What the Aledo numbers say

In Aledo, IL, the median home sold for $139,500 (about $94 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-171 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 6.9 months of supply. 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 Aledo cash-flowing listings

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