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

Elmwood Park, IL has a median modeled monthly cash flow of $-742 and a median cap rate of 3.8%, on a median sold price of $384,000. Prices changed +5.2% year over year.

What is the average cap rate in Elmwood Park, IL?

The median cap rate across recently sold homes in Elmwood Park, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elmwood Park, IL?

The median sold price in Elmwood Park, IL is $384,000 (about $222 per square foot).

Investing in Elmwood Park, IL Real Estate

A data-driven snapshot of the Elmwood Park, 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.

$384,000Median sold price

$222Median $/sqft

3.8%Median cap rate

$-742Modeled cash flow / mo

+5.2%Appreciation YoY

5.9Months of supply

146Active listings

297Sold (last 12 mo)

What the Elmwood Park numbers say

In Elmwood Park, IL, the median home sold for $384,000 (about $222 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-742 of monthly cash flow. Sold prices moved +5.2% 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 Elmwood Park cash-flowing listings

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