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

Princeton, IL has a median modeled monthly cash flow of $-864 and a median cap rate of 1.9%, on a median sold price of $178,500. Prices changed +11.2% year over year.

What is the average cap rate in Princeton, IL?

The median cap rate across recently sold homes in Princeton, IL is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Princeton, IL?

The median sold price in Princeton, IL is $178,500 (about $120 per square foot).

Investing in Princeton, IL Real Estate

A data-driven snapshot of the Princeton, 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.

$178,500Median sold price

$120Median $/sqft

1.9%Median cap rate

$-864Modeled cash flow / mo

+11.2%Appreciation YoY

6.9Months of supply

66Active listings

115Sold (last 12 mo)

What the Princeton numbers say

In Princeton, IL, the median home sold for $178,500 (about $120 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-864 of monthly cash flow. Sold prices moved +11.2% over the past year. Inventory sits at about 6.9 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 Princeton cash-flowing listings

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