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

Romeoville, IL has a median modeled monthly cash flow of $-467 and a median cap rate of 4.6%, on a median sold price of $315,000. Prices changed +0.0% year over year.

What is the average cap rate in Romeoville, IL?

The median cap rate across recently sold homes in Romeoville, IL is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Romeoville, IL?

The median sold price in Romeoville, IL is $315,000 (about $196 per square foot).

Investing in Romeoville, IL Real Estate

A data-driven snapshot of the Romeoville, 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.

$315,000Median sold price

$196Median $/sqft

4.6%Median cap rate

$-467Modeled cash flow / mo

+0.0%Appreciation YoY

7.6Months of supply

235Active listings

370Sold (last 12 mo)

What the Romeoville numbers say

In Romeoville, IL, the median home sold for $315,000 (about $196 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-467 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 7.6 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 Romeoville cash-flowing listings

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