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

El Paso, IL has a median modeled monthly cash flow of $-924 and a median cap rate of 1.9%, on a median sold price of $200,000. Prices changed +8.6% year over year.

What is the average cap rate in El Paso, IL?

The median cap rate across recently sold homes in El Paso, IL is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in El Paso, IL?

The median sold price in El Paso, IL is $200,000 (about $102 per square foot).

Investing in El Paso, IL Real Estate

A data-driven snapshot of the El Paso, 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.

$200,000Median sold price

$102Median $/sqft

1.9%Median cap rate

$-924Modeled cash flow / mo

+8.6%Appreciation YoY

4.6Months of supply

15Active listings

39Sold (last 12 mo)

What the El Paso numbers say

In El Paso, IL, the median home sold for $200,000 (about $102 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-924 of monthly cash flow. Sold prices moved +8.6% over the past year. Inventory sits at about 4.6 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 El Paso cash-flowing listings

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