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

Pana, IL has a median modeled monthly cash flow of $-144 and a median cap rate of 4.5%, on a median sold price of $105,000. Prices changed +16.8% year over year.

What is the average cap rate in Pana, IL?

The median cap rate across recently sold homes in Pana, IL is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pana, IL?

The median sold price in Pana, IL is $105,000 (about $84 per square foot).

Investing in Pana, IL Real Estate

A data-driven snapshot of the Pana, 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.

$105,000Median sold price

$84Median $/sqft

4.5%Median cap rate

$-144Modeled cash flow / mo

+16.8%Appreciation YoY

9.6Months of supply

71Active listings

89Sold (last 12 mo)

What the Pana numbers say

In Pana, IL, the median home sold for $105,000 (about $84 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-144 of monthly cash flow. Sold prices moved +16.8% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-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 Pana cash-flowing listings

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