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

Savoy, IL has a median modeled monthly cash flow of $-1,072 and a median cap rate of 3.2%, on a median sold price of $404,000. Prices changed +1.3% year over year.

What is the average cap rate in Savoy, IL?

The median cap rate across recently sold homes in Savoy, IL is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Savoy, IL?

The median sold price in Savoy, IL is $404,000 (about $190 per square foot).

Investing in Savoy, IL Real Estate

A data-driven snapshot of the Savoy, 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.

$404,000Median sold price

$190Median $/sqft

3.2%Median cap rate

$-1,072Modeled cash flow / mo

+1.3%Appreciation YoY

11.9Months of supply

82Active listings

83Sold (last 12 mo)

What the Savoy numbers say

In Savoy, IL, the median home sold for $404,000 (about $190 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,072 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 11.9 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 Savoy cash-flowing listings

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