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

De Soto, IL has a median modeled monthly cash flow of $-115 and a median cap rate of 5.3%, on a median sold price of $118,000. Prices changed -4.3% year over year.

What is the average cap rate in De Soto, IL?

The median cap rate across recently sold homes in De Soto, IL is 5.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in De Soto, IL?

The median sold price in De Soto, IL is $118,000 (about $89 per square foot).

Investing in De Soto, IL Real Estate

A data-driven snapshot of the De Soto, 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.

$118,000Median sold price

$89Median $/sqft

5.3%Median cap rate

$-115Modeled cash flow / mo

-4.3%Appreciation YoY

6.4Months of supply

17Active listings

32Sold (last 12 mo)

What the De Soto numbers say

In De Soto, IL, the median home sold for $118,000 (about $89 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-115 of monthly cash flow. Sold prices moved -4.3% over the past year. Inventory sits at about 6.4 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 De Soto cash-flowing listings

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