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

Poplar Grove, IL has a median modeled monthly cash flow of $1,379 and a median cap rate of 11.4%, on a median sold price of $305,000. Prices changed +23.7% year over year.

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

The median cap rate across recently sold homes in Poplar Grove, IL is 11.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Poplar Grove, IL is $305,000 (about $164 per square foot).

Investing in Poplar Grove, IL Real Estate

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

A data-driven snapshot of the Poplar 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.

$305,000Median sold price

$164Median $/sqft

11.4%Median cap rate

$1,379Modeled cash flow / mo

+23.7%Appreciation YoY

6.0Months of supply

23Active listings

46Sold (last 12 mo)

What the Poplar Grove numbers say

In Poplar Grove, IL, the median home sold for $305,000 (about $164 per square foot), and the typical deal models out to a 11.4% cap rate with a median $1,379 of monthly cash flow. Sold prices moved +23.7% over the past year. Inventory sits at about 6.0 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 Poplar Grove cash-flowing listings

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