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

Kewanee, IL has a median modeled monthly cash flow of $432 and a median cap rate of 11.9%, on a median sold price of $84,000. Prices changed +7.6% year over year.

What is the average cap rate in Kewanee, IL?

The median cap rate across recently sold homes in Kewanee, IL is 11.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kewanee, IL?

The median sold price in Kewanee, IL is $84,000 (about $71 per square foot).

Investing in Kewanee, IL Real Estate

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

A data-driven snapshot of the Kewanee, 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.

$84,000Median sold price

$71Median $/sqft

11.9%Median cap rate

$432Modeled cash flow / mo

+7.6%Appreciation YoY

5.5Months of supply

75Active listings

163Sold (last 12 mo)

What the Kewanee numbers say

In Kewanee, IL, the median home sold for $84,000 (about $71 per square foot), and the typical deal models out to a 11.9% cap rate with a median $432 of monthly cash flow. Sold prices moved +7.6% over the past year. Inventory sits at about 5.5 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 Kewanee cash-flowing listings

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