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

Watseka, IL has a median modeled monthly cash flow of $-323 and a median cap rate of 3.2%, on a median sold price of $122,500. Prices changed -11.0% year over year.

What is the average cap rate in Watseka, IL?

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

What is the median home price in Watseka, IL?

The median sold price in Watseka, IL is $122,500 (about $81 per square foot).

Investing in Watseka, IL Real Estate

A data-driven snapshot of the Watseka, 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.

$122,500Median sold price

$81Median $/sqft

3.2%Median cap rate

$-323Modeled cash flow / mo

-11.0%Appreciation YoY

11.5Months of supply

75Active listings

78Sold (last 12 mo)

What the Watseka numbers say

In Watseka, IL, the median home sold for $122,500 (about $81 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-323 of monthly cash flow. Sold prices moved -11.0% over the past year. Inventory sits at about 11.5 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 Watseka cash-flowing listings

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