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

Glen Carbon, IL has a median modeled monthly cash flow of $-1,426 and a median cap rate of 2.0%, on a median sold price of $349,450. Prices changed -3.8% year over year.

What is the average cap rate in Glen Carbon, IL?

The median cap rate across recently sold homes in Glen Carbon, IL is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Glen Carbon, IL?

The median sold price in Glen Carbon, IL is $349,450 (about $152 per square foot).

Investing in Glen Carbon, IL Real Estate

A data-driven snapshot of the Glen Carbon, 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.

$349,450Median sold price

$152Median $/sqft

2.0%Median cap rate

$-1,426Modeled cash flow / mo

-3.8%Appreciation YoY

11.4Months of supply

200Active listings

210Sold (last 12 mo)

What the Glen Carbon numbers say

In Glen Carbon, IL, the median home sold for $349,450 (about $152 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,426 of monthly cash flow. Sold prices moved -3.8% over the past year. Inventory sits at about 11.4 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 Glen Carbon cash-flowing listings

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