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

Watseka, IL has a median modeled monthly cash flow of $-317 and a median cap rate of 3.5%, on a median sold price of $130,000. Prices changed -5.7% year over year.

What is the average cap rate in Watseka, IL?

The median cap rate across recently sold homes in Watseka, IL is 3.5%, 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 $130,000 (about $82 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.

$130,000Median sold price

$82Median $/sqft

3.5%Median cap rate

$-317Modeled cash flow / mo

-5.7%Appreciation YoY

7.9Months of supply

50Active listings

76Sold (last 12 mo)

What the Watseka numbers say

In Watseka, IL, the median home sold for $130,000 (about $82 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-317 of monthly cash flow. Sold prices moved -5.7% over the past year. Inventory sits at about 7.9 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.