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

Jacksonville, IL has a median modeled monthly cash flow of $-215 and a median cap rate of 4.6%, on a median sold price of $153,000. Prices changed +2.2% year over year.

What is the average cap rate in Jacksonville, IL?

The median cap rate across recently sold homes in Jacksonville, IL is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Jacksonville, IL?

The median sold price in Jacksonville, IL is $153,000 (about $93 per square foot).

Investing in Jacksonville, IL Real Estate

A data-driven snapshot of the Jacksonville, 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.

$153,000Median sold price

$93Median $/sqft

4.6%Median cap rate

$-215Modeled cash flow / mo

+2.2%Appreciation YoY

6.1Months of supply

124Active listings

243Sold (last 12 mo)

What the Jacksonville numbers say

In Jacksonville, IL, the median home sold for $153,000 (about $93 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-215 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 6.1 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 Jacksonville cash-flowing listings

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