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

Waterloo, IL has a median modeled monthly cash flow of $-980 and a median cap rate of 2.7%, on a median sold price of $331,900. Prices changed -2.1% year over year.

What is the average cap rate in Waterloo, IL?

The median cap rate across recently sold homes in Waterloo, IL is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waterloo, IL?

The median sold price in Waterloo, IL is $331,900 (about $161 per square foot).

Investing in Waterloo, IL Real Estate

A data-driven snapshot of the Waterloo, 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.

$331,900Median sold price

$161Median $/sqft

2.7%Median cap rate

$-980Modeled cash flow / mo

-2.1%Appreciation YoY

10.2Months of supply

185Active listings

217Sold (last 12 mo)

What the Waterloo numbers say

In Waterloo, IL, the median home sold for $331,900 (about $161 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-980 of monthly cash flow. Sold prices moved -2.1% over the past year. Inventory sits at about 10.2 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 Waterloo cash-flowing listings

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