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

East Alton, IL has a median modeled monthly cash flow of $30 and a median cap rate of 6.7%, on a median sold price of $99,950. Prices changed -6.1% year over year.

What is the average cap rate in East Alton, IL?

The median cap rate across recently sold homes in East Alton, IL is 6.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Alton, IL?

The median sold price in East Alton, IL is $99,950 (about $93 per square foot).

Investing in East Alton, IL Real Estate

A data-driven snapshot of the East Alton, 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.

$99,950Median sold price

$93Median $/sqft

6.7%Median cap rate

$30Modeled cash flow / mo

-6.1%Appreciation YoY

4.5Months of supply

29Active listings

78Sold (last 12 mo)

What the East Alton numbers say

In East Alton, IL, the median home sold for $99,950 (about $93 per square foot), and the typical deal models out to a 6.7% cap rate with a median $30 of monthly cash flow. Sold prices moved -6.1% over the past year. Inventory sits at about 4.5 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 East Alton cash-flowing listings

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