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

Lake Summerset, IL has a median modeled monthly cash flow of $-755 and a median cap rate of 3.3%, on a median sold price of $253,000. Prices changed -8.1% year over year.

What is the average cap rate in Lake Summerset, IL?

The median cap rate across recently sold homes in Lake Summerset, IL is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake Summerset, IL?

The median sold price in Lake Summerset, IL is $253,000 (about $118 per square foot).

Investing in Lake Summerset, IL Real Estate

A data-driven snapshot of the Lake Summerset, 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.

$253,000Median sold price

$118Median $/sqft

3.3%Median cap rate

$-755Modeled cash flow / mo

-8.1%Appreciation YoY

9.5Months of supply

69Active listings

87Sold (last 12 mo)

What the Lake Summerset numbers say

In Lake Summerset, IL, the median home sold for $253,000 (about $118 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-755 of monthly cash flow. Sold prices moved -8.1% over the past year. Inventory sits at about 9.5 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 Lake Summerset cash-flowing listings

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