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

Glen Carbon, IL has a median modeled monthly cash flow of $-1,520 and a median cap rate of 2.1%, on a median sold price of $334,600. Prices changed +4.3% 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 2.1%, 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 $334,600 (about $156 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.

$334,600Median sold price

$156Median $/sqft

2.1%Median cap rate

$-1,520Modeled cash flow / mo

+4.3%Appreciation YoY

6.5Months of supply

89Active listings

165Sold (last 12 mo)

What the Glen Carbon numbers say

In Glen Carbon, IL, the median home sold for $334,600 (about $156 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,520 of monthly cash flow. Sold prices moved +4.3% over the past year. Inventory sits at about 6.5 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 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.