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

South Jacksonville, IL has a median modeled monthly cash flow of $-247 and a median cap rate of 4.3%, on a median sold price of $150,000. Prices changed -5.1% year over year.

What is the average cap rate in South Jacksonville, IL?

The median cap rate across recently sold homes in South Jacksonville, IL is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in South Jacksonville, IL?

The median sold price in South Jacksonville, IL is $150,000 (about $93 per square foot).

Investing in South Jacksonville, IL Real Estate

A data-driven snapshot of the South Jacksonville, 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.

$150,000Median sold price

$93Median $/sqft

4.3%Median cap rate

$-247Modeled cash flow / mo

-5.1%Appreciation YoY

5.3Months of supply

27Active listings

61Sold (last 12 mo)

What the South Jacksonville numbers say

In South Jacksonville, IL, the median home sold for $150,000 (about $93 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-247 of monthly cash flow. Sold prices moved -5.1% over the past year. Inventory sits at about 5.3 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 South Jacksonville cash-flowing listings

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