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

Hoopeston, IL has a median modeled monthly cash flow of $69 and a median cap rate of 7.1%, on a median sold price of $77,000. Prices changed +24.1% year over year.

What is the average cap rate in Hoopeston, IL?

The median cap rate across recently sold homes in Hoopeston, IL is 7.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hoopeston, IL?

The median sold price in Hoopeston, IL is $77,000 (about $72 per square foot).

Investing in Hoopeston, IL Real Estate

A data-driven snapshot of the Hoopeston, 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.

$77,000Median sold price

$72Median $/sqft

7.1%Median cap rate

$69Modeled cash flow / mo

+24.1%Appreciation YoY

7.4Months of supply

34Active listings

55Sold (last 12 mo)

What the Hoopeston numbers say

In Hoopeston, IL, the median home sold for $77,000 (about $72 per square foot), and the typical deal models out to a 7.1% cap rate with a median $69 of monthly cash flow. Sold prices moved +24.1% over the past year. Inventory sits at about 7.4 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 Hoopeston cash-flowing listings

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