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

Harvard, IL has a median modeled monthly cash flow of $-401 and a median cap rate of 4.7%, on a median sold price of $265,000. Prices changed +10.6% year over year.

What is the average cap rate in Harvard, IL?

The median cap rate across recently sold homes in Harvard, IL is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Harvard, IL?

The median sold price in Harvard, IL is $265,000 (about $167 per square foot).

Investing in Harvard, IL Real Estate

A data-driven snapshot of the Harvard, 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.

$265,000Median sold price

$167Median $/sqft

4.7%Median cap rate

$-401Modeled cash flow / mo

+10.6%Appreciation YoY

4.7Months of supply

41Active listings

104Sold (last 12 mo)

What the Harvard numbers say

In Harvard, IL, the median home sold for $265,000 (about $167 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-401 of monthly cash flow. Sold prices moved +10.6% over the past year. Inventory sits at about 4.7 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 Harvard cash-flowing listings

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