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

Millstadt, IL has a median modeled monthly cash flow of $-812 and a median cap rate of 3.3%, on a median sold price of $295,000. Prices changed +4.2% year over year.

What is the average cap rate in Millstadt, IL?

The median cap rate across recently sold homes in Millstadt, IL is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millstadt, IL?

The median sold price in Millstadt, IL is $295,000 (about $148 per square foot).

Investing in Millstadt, IL Real Estate

A data-driven snapshot of the Millstadt, 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.

$295,000Median sold price

$148Median $/sqft

3.3%Median cap rate

$-812Modeled cash flow / mo

+4.2%Appreciation YoY

6.8Months of supply

43Active listings

76Sold (last 12 mo)

What the Millstadt numbers say

In Millstadt, IL, the median home sold for $295,000 (about $148 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-812 of monthly cash flow. Sold prices moved +4.2% over the past year. Inventory sits at about 6.8 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 Millstadt cash-flowing listings

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