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

McHenry, IL has a median modeled monthly cash flow of $-806 and a median cap rate of 3.6%, on a median sold price of $300,000. Prices changed +3.2% year over year.

What is the average cap rate in McHenry, IL?

The median cap rate across recently sold homes in McHenry, IL is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in McHenry, IL?

The median sold price in McHenry, IL is $300,000 (about $192 per square foot).

Investing in McHenry, IL Real Estate

A data-driven snapshot of the McHenry, 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.

$300,000Median sold price

$192Median $/sqft

3.6%Median cap rate

$-806Modeled cash flow / mo

+3.2%Appreciation YoY

3.7Months of supply

157Active listings

503Sold (last 12 mo)

What the McHenry numbers say

In McHenry, IL, the median home sold for $300,000 (about $192 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-806 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 3.7 months of supply — a tight, seller-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 McHenry cash-flowing listings

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