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

Litchfield, IL has a median modeled monthly cash flow of $-232 and a median cap rate of 4.5%, on a median sold price of $150,000. Prices changed +9.7% year over year.

What is the average cap rate in Litchfield, IL?

The median cap rate across recently sold homes in Litchfield, IL is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Litchfield, IL?

The median sold price in Litchfield, IL is $150,000 (about $107 per square foot).

Investing in Litchfield, IL Real Estate

A data-driven snapshot of the Litchfield, 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.

$150,000Median sold price

$107Median $/sqft

4.5%Median cap rate

$-232Modeled cash flow / mo

+9.7%Appreciation YoY

5.1Months of supply

52Active listings

123Sold (last 12 mo)

What the Litchfield numbers say

In Litchfield, IL, the median home sold for $150,000 (about $107 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-232 of monthly cash flow. Sold prices moved +9.7% over the past year. Inventory sits at about 5.1 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 Litchfield cash-flowing listings

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