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

Havana, IL has a median modeled monthly cash flow of $274 and a median cap rate of 9.8%, on a median sold price of $83,250. Prices changed +6.9% year over year.

What is the average cap rate in Havana, IL?

The median cap rate across recently sold homes in Havana, IL is 9.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Havana, IL?

The median sold price in Havana, IL is $83,250 (about $62 per square foot).

Investing in Havana, IL Real Estate

#89 cash-flow market in the U.S.

A data-driven snapshot of the Havana, 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.

$83,250Median sold price

$62Median $/sqft

9.8%Median cap rate

$274Modeled cash flow / mo

+6.9%Appreciation YoY

13.3Months of supply

62Active listings

56Sold (last 12 mo)

What the Havana numbers say

In Havana, IL, the median home sold for $83,250 (about $62 per square foot), and the typical deal models out to a 9.8% cap rate with a median $274 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 13.3 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 Havana cash-flowing listings

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