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

Diamond, IL has a median modeled monthly cash flow of $-473 and a median cap rate of 4.0%, on a median sold price of $274,950. Prices changed +1.9% year over year.

What is the average cap rate in Diamond, IL?

The median cap rate across recently sold homes in Diamond, IL is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Diamond, IL?

The median sold price in Diamond, IL is $274,950 (about $184 per square foot).

Investing in Diamond, IL Real Estate

A data-driven snapshot of the Diamond, 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.

$274,950Median sold price

$184Median $/sqft

4.0%Median cap rate

$-473Modeled cash flow / mo

+1.9%Appreciation YoY

5.2Months of supply

13Active listings

30Sold (last 12 mo)

What the Diamond numbers say

In Diamond, IL, the median home sold for $274,950 (about $184 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-473 of monthly cash flow. Sold prices moved +1.9% over the past year. Inventory sits at about 5.2 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 Diamond cash-flowing listings

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