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

Pingree Grove, IL has a median modeled monthly cash flow of $-600 and a median cap rate of 4.4%, on a median sold price of $344,990. Prices changed +2.1% year over year.

What is the average cap rate in Pingree Grove, IL?

The median cap rate across recently sold homes in Pingree Grove, IL is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pingree Grove, IL?

The median sold price in Pingree Grove, IL is $344,990 (about $196 per square foot).

Investing in Pingree Grove, IL Real Estate

A data-driven snapshot of the Pingree Grove, 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.

$344,990Median sold price

$196Median $/sqft

4.4%Median cap rate

$-600Modeled cash flow / mo

+2.1%Appreciation YoY

7.0Months of supply

187Active listings

321Sold (last 12 mo)

What the Pingree Grove numbers say

In Pingree Grove, IL, the median home sold for $344,990 (about $196 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-600 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 7.0 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 Pingree Grove cash-flowing listings

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