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

Hanna City, IL has a median modeled monthly cash flow of $-595 and a median cap rate of 2.8%, on a median sold price of $172,450. Prices changed -10.4% year over year.

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

The median cap rate across recently sold homes in Hanna City, IL is 2.8%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Hanna City, IL is $172,450 (about $112 per square foot).

Investing in Hanna City, IL Real Estate

A data-driven snapshot of the Hanna 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.

$172,450Median sold price

$112Median $/sqft

2.8%Median cap rate

$-595Modeled cash flow / mo

-10.4%Appreciation YoY

2.0Months of supply

6Active listings

36Sold (last 12 mo)

What the Hanna City numbers say

In Hanna City, IL, the median home sold for $172,450 (about $112 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-595 of monthly cash flow. Sold prices moved -10.4% over the past year. Inventory sits at about 2.0 months of supply — a tight, seller-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 Hanna City cash-flowing listings

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