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

Farmer City, IL has a median modeled monthly cash flow of $-456 and a median cap rate of 3.5%, on a median sold price of $172,000. Prices changed -1.8% year over year.

What is the average cap rate in Farmer City, IL?

The median cap rate across recently sold homes in Farmer City, IL is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farmer City, IL?

The median sold price in Farmer City, IL is $172,000 (about $108 per square foot).

Investing in Farmer City, IL Real Estate

A data-driven snapshot of the Farmer City, 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.

$172,000Median sold price

$108Median $/sqft

3.5%Median cap rate

$-456Modeled cash flow / mo

-1.8%Appreciation YoY

7.0Months of supply

25Active listings

43Sold (last 12 mo)

What the Farmer City numbers say

In Farmer City, IL, the median home sold for $172,000 (about $108 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-456 of monthly cash flow. Sold prices moved -1.8% over the past year. Inventory sits at about 7.0 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 Farmer City cash-flowing listings

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