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

Wayne, IL has a median modeled monthly cash flow of $-3,509 and a median cap rate of 1.2%, on a median sold price of $386,125. Prices changed +9.0% year over year.

What is the average cap rate in Wayne, IL?

The median cap rate across recently sold homes in Wayne, IL is 1.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wayne, IL?

The median sold price in Wayne, IL is $386,125 (about $224 per square foot).

Investing in Wayne, IL Real Estate

A data-driven snapshot of the Wayne, 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.

$386,125Median sold price

$224Median $/sqft

1.2%Median cap rate

$-3,509Modeled cash flow / mo

+9.0%Appreciation YoY

3.2Months of supply

15Active listings

56Sold (last 12 mo)

What the Wayne numbers say

In Wayne, IL, the median home sold for $386,125 (about $224 per square foot), and the typical deal models out to a 1.2% cap rate with a median $-3,509 of monthly cash flow. Sold prices moved +9.0% over the past year. Inventory sits at about 3.2 months of supply — a tight, seller-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 Wayne cash-flowing listings

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