Is St. Joseph, IL a good place to invest in rental property?

St. Joseph, IL has a median modeled monthly cash flow of $-641 and a median cap rate of 3.8%, on a median sold price of $265,000. Prices changed -1.7% year over year.

What is the average cap rate in St. Joseph, IL?

The median cap rate across recently sold homes in St. Joseph, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in St. Joseph, IL?

The median sold price in St. Joseph, IL is $265,000 (about $170 per square foot).

Investing in St. Joseph, IL Real Estate

A data-driven snapshot of the St. Joseph, 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.

$265,000Median sold price

$170Median $/sqft

3.8%Median cap rate

$-641Modeled cash flow / mo

-1.7%Appreciation YoY

8.1Months of supply

29Active listings

43Sold (last 12 mo)

What the St. Joseph numbers say

In St. Joseph, IL, the median home sold for $265,000 (about $170 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-641 of monthly cash flow. Sold prices moved -1.7% over the past year. Inventory sits at about 8.1 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 St. Joseph cash-flowing listings

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