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

Elmwood, IL has a median modeled monthly cash flow of $-65 and a median cap rate of 5.8%, on a median sold price of $179,900. Prices changed +10.4% year over year.

What is the average cap rate in Elmwood, IL?

The median cap rate across recently sold homes in Elmwood, IL is 5.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elmwood, IL?

The median sold price in Elmwood, IL is $179,900 (about $106 per square foot).

Investing in Elmwood, IL Real Estate

A data-driven snapshot of the Elmwood, 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.

$179,900Median sold price

$106Median $/sqft

5.8%Median cap rate

$-65Modeled cash flow / mo

+10.4%Appreciation YoY

8.9Months of supply

23Active listings

31Sold (last 12 mo)

What the Elmwood numbers say

In Elmwood, IL, the median home sold for $179,900 (about $106 per square foot), and the typical deal models out to a 5.8% cap rate with a median $-65 of monthly cash flow. Sold prices moved +10.4% over the past year. Inventory sits at about 8.9 months of supply — a looser, buyer-friendly market. 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 Elmwood cash-flowing listings

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