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

East Peoria, IL has a median modeled monthly cash flow of $-432 and a median cap rate of 3.9%, on a median sold price of $185,250. Prices changed +6.3% year over year.

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

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

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

The median sold price in East Peoria, IL is $185,250 (about $118 per square foot).

Investing in East Peoria, IL Real Estate

A data-driven snapshot of the East Peoria, 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.

$185,250Median sold price

$118Median $/sqft

3.9%Median cap rate

$-432Modeled cash flow / mo

+6.3%Appreciation YoY

5.9Months of supply

176Active listings

360Sold (last 12 mo)

What the East Peoria numbers say

In East Peoria, IL, the median home sold for $185,250 (about $118 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-432 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 5.9 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 Peoria cash-flowing listings

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