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

Centralia, IL has a median modeled monthly cash flow of $-73 and a median cap rate of 5.6%, on a median sold price of $116,000. Prices changed +11.5% year over year.

What is the average cap rate in Centralia, IL?

The median cap rate across recently sold homes in Centralia, IL is 5.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Centralia, IL?

The median sold price in Centralia, IL is $116,000 (about $87 per square foot).

Investing in Centralia, IL Real Estate

A data-driven snapshot of the Centralia, 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.

$116,000Median sold price

$87Median $/sqft

5.6%Median cap rate

$-73Modeled cash flow / mo

+11.5%Appreciation YoY

6.7Months of supply

127Active listings

228Sold (last 12 mo)

What the Centralia numbers say

In Centralia, IL, the median home sold for $116,000 (about $87 per square foot), and the typical deal models out to a 5.6% cap rate with a median $-73 of monthly cash flow. Sold prices moved +11.5% over the past year. Inventory sits at about 6.7 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 Centralia cash-flowing listings

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