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

Matteson, IL has a median modeled monthly cash flow of $-25 and a median cap rate of 6.2%, on a median sold price of $238,000. Prices changed +4.2% year over year.

What is the average cap rate in Matteson, IL?

The median cap rate across recently sold homes in Matteson, IL is 6.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Matteson, IL?

The median sold price in Matteson, IL is $238,000 (about $149 per square foot).

Investing in Matteson, IL Real Estate

A data-driven snapshot of the Matteson, 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.

$238,000Median sold price

$149Median $/sqft

6.2%Median cap rate

$-25Modeled cash flow / mo

+4.2%Appreciation YoY

5.3Months of supply

106Active listings

242Sold (last 12 mo)

What the Matteson numbers say

In Matteson, IL, the median home sold for $238,000 (about $149 per square foot), and the typical deal models out to a 6.2% cap rate with a median $-25 of monthly cash flow. Sold prices moved +4.2% over the past year. Inventory sits at about 5.3 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 Matteson cash-flowing listings

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