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

Calumet City, IL has a median modeled monthly cash flow of $268 and a median cap rate of 8.4%, on a median sold price of $164,000. Prices changed -3.2% year over year.

What is the average cap rate in Calumet City, IL?

The median cap rate across recently sold homes in Calumet City, IL is 8.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Calumet City, IL?

The median sold price in Calumet City, IL is $164,000 (about $122 per square foot).

Investing in Calumet City, IL Real Estate

#91 cash-flow market in the U.S.

A data-driven snapshot of the Calumet City, 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.

$164,000Median sold price

$122Median $/sqft

8.4%Median cap rate

$268Modeled cash flow / mo

-3.2%Appreciation YoY

12.2Months of supply

341Active listings

335Sold (last 12 mo)

What the Calumet City numbers say

In Calumet City, IL, the median home sold for $164,000 (about $122 per square foot), and the typical deal models out to a 8.4% cap rate with a median $268 of monthly cash flow. Sold prices moved -3.2% over the past year. Inventory sits at about 12.2 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 Calumet City cash-flowing listings

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