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

Elmwood Park, IL has a median modeled monthly cash flow of $-528 and a median cap rate of 4.4%, on a median sold price of $375,000. Prices changed +7.7% 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 4.4%, 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 $375,000 (about $223 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.

$375,000Median sold price

$223Median $/sqft

4.4%Median cap rate

$-528Modeled cash flow / mo

+7.7%Appreciation YoY

4.2Months of supply

105Active listings

299Sold (last 12 mo)

What the Elmwood Park numbers say

In Elmwood Park, IL, the median home sold for $375,000 (about $223 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-528 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 4.2 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.