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

Jacksonville, IL has a median modeled monthly cash flow of $-137 and a median cap rate of 5.4%, on a median sold price of $151,399. Prices changed +6.7% year over year.

What is the average cap rate in Jacksonville, IL?

The median cap rate across recently sold homes in Jacksonville, IL is 5.4%, 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 $151,399 (about $95 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.

$151,399Median sold price

$95Median $/sqft

5.4%Median cap rate

$-137Modeled cash flow / mo

+6.7%Appreciation YoY

4.9Months of supply

95Active listings

233Sold (last 12 mo)

What the Jacksonville numbers say

In Jacksonville, IL, the median home sold for $151,399 (about $95 per square foot), and the typical deal models out to a 5.4% cap rate with a median $-137 of monthly cash flow. Sold prices moved +6.7% over the past year. Inventory sits at about 4.9 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.