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

Peoria Heights, IL has a median modeled monthly cash flow of $183 and a median cap rate of 7.6%, on a median sold price of $139,000. Prices changed +14.3% year over year.

What is the average cap rate in Peoria Heights, IL?

The median cap rate across recently sold homes in Peoria Heights, IL is 7.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Peoria Heights, IL?

The median sold price in Peoria Heights, IL is $139,000 (about $132 per square foot).

Investing in Peoria Heights, IL Real Estate

#129 cash-flow market in the U.S.

A data-driven snapshot of the Peoria Heights, 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.

$139,000Median sold price

$132Median $/sqft

7.6%Median cap rate

$183Modeled cash flow / mo

+14.3%Appreciation YoY

5.9Months of supply

42Active listings

86Sold (last 12 mo)

What the Peoria Heights numbers say

In Peoria Heights, IL, the median home sold for $139,000 (about $132 per square foot), and the typical deal models out to a 7.6% cap rate with a median $183 of monthly cash flow. Sold prices moved +14.3% over the past year. Inventory sits at about 5.9 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 Peoria Heights cash-flowing listings

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