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

Delavan, IL has a median modeled monthly cash flow of $-397 and a median cap rate of 3.9%, on a median sold price of $156,250. Prices changed -22.7% year over year.

What is the average cap rate in Delavan, IL?

The median cap rate across recently sold homes in Delavan, IL is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Delavan, IL?

The median sold price in Delavan, IL is $156,250 (about $75 per square foot).

Investing in Delavan, IL Real Estate

A data-driven snapshot of the Delavan, 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.

$156,250Median sold price

$75Median $/sqft

3.9%Median cap rate

$-397Modeled cash flow / mo

-22.7%Appreciation YoY

5.4Months of supply

17Active listings

38Sold (last 12 mo)

What the Delavan numbers say

In Delavan, IL, the median home sold for $156,250 (about $75 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-397 of monthly cash flow. Sold prices moved -22.7% over the past year. Inventory sits at about 5.4 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 Delavan cash-flowing listings

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