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

Wayne, IL has a median modeled monthly cash flow of $-4,171 and a median cap rate of 0.7%, on a median sold price of $521,250. Prices changed +23.8% year over year.

What is the average cap rate in Wayne, IL?

The median cap rate across recently sold homes in Wayne, IL is 0.7%, 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 $521,250 (about $255 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.

$521,250Median sold price

$255Median $/sqft

0.7%Median cap rate

$-4,171Modeled cash flow / mo

+23.8%Appreciation YoY

8.0Months of supply

24Active listings

36Sold (last 12 mo)

What the Wayne numbers say

In Wayne, IL, the median home sold for $521,250 (about $255 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-4,171 of monthly cash flow. Sold prices moved +23.8% over the past year. Inventory sits at about 8.0 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 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.