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

Shelbyville, IL has a median modeled monthly cash flow of $-149 and a median cap rate of 5.0%, on a median sold price of $151,000. Prices changed +20.7% year over year.

What is the average cap rate in Shelbyville, IL?

The median cap rate across recently sold homes in Shelbyville, IL is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shelbyville, IL?

The median sold price in Shelbyville, IL is $151,000 (about $105 per square foot).

Investing in Shelbyville, IL Real Estate

A data-driven snapshot of the Shelbyville, 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.

$151,000Median sold price

$105Median $/sqft

5.0%Median cap rate

$-149Modeled cash flow / mo

+20.7%Appreciation YoY

4.3Months of supply

38Active listings

106Sold (last 12 mo)

What the Shelbyville numbers say

In Shelbyville, IL, the median home sold for $151,000 (about $105 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-149 of monthly cash flow. Sold prices moved +20.7% over the past year. Inventory sits at about 4.3 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 Shelbyville cash-flowing listings

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