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

McHenry, IL has a median modeled monthly cash flow of $-790 and a median cap rate of 3.6%, on a median sold price of $306,000. Prices changed +2.7% 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 $306,000 (about $190 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.

$306,000Median sold price

$190Median $/sqft

3.6%Median cap rate

$-790Modeled cash flow / mo

+2.7%Appreciation YoY

5.3Months of supply

197Active listings

447Sold (last 12 mo)

What the McHenry numbers say

In McHenry, IL, the median home sold for $306,000 (about $190 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-790 of monthly cash flow. Sold prices moved +2.7% 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 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.