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

Manteno, IL has a median modeled monthly cash flow of $-1,218 and a median cap rate of 2.3%, on a median sold price of $269,900. Prices changed +1.1% year over year.

What is the average cap rate in Manteno, IL?

The median cap rate across recently sold homes in Manteno, IL is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manteno, IL?

The median sold price in Manteno, IL is $269,900 (about $177 per square foot).

Investing in Manteno, IL Real Estate

A data-driven snapshot of the Manteno, 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.

$269,900Median sold price

$177Median $/sqft

2.3%Median cap rate

$-1,218Modeled cash flow / mo

+1.1%Appreciation YoY

4.6Months of supply

56Active listings

147Sold (last 12 mo)

What the Manteno numbers say

In Manteno, IL, the median home sold for $269,900 (about $177 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,218 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 4.6 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 Manteno cash-flowing listings

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