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

Goreville, IL has a median modeled monthly cash flow of $-959 and a median cap rate of 2.4%, on a median sold price of $146,800. Prices changed -15.1% year over year.

What is the average cap rate in Goreville, IL?

The median cap rate across recently sold homes in Goreville, IL is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Goreville, IL?

The median sold price in Goreville, IL is $146,800 (about $129 per square foot).

Investing in Goreville, IL Real Estate

A data-driven snapshot of the Goreville, 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.

$146,800Median sold price

$129Median $/sqft

2.4%Median cap rate

$-959Modeled cash flow / mo

-15.1%Appreciation YoY

6.8Months of supply

48Active listings

85Sold (last 12 mo)

What the Goreville numbers say

In Goreville, IL, the median home sold for $146,800 (about $129 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-959 of monthly cash flow. Sold prices moved -15.1% over the past year. Inventory sits at about 6.8 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 Goreville cash-flowing listings

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