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

West Peoria, IL has a median modeled monthly cash flow of $-23 and a median cap rate of 6.1%, on a median sold price of $129,900. Prices changed -2.3% year over year.

What is the average cap rate in West Peoria, IL?

The median cap rate across recently sold homes in West Peoria, IL is 6.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Peoria, IL?

The median sold price in West Peoria, IL is $129,900 (about $85 per square foot).

Investing in West Peoria, IL Real Estate

A data-driven snapshot of the West Peoria, 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.

$129,900Median sold price

$85Median $/sqft

6.1%Median cap rate

$-23Modeled cash flow / mo

-2.3%Appreciation YoY

9.5Months of supply

61Active listings

77Sold (last 12 mo)

What the West Peoria numbers say

In West Peoria, IL, the median home sold for $129,900 (about $85 per square foot), and the typical deal models out to a 6.1% cap rate with a median $-23 of monthly cash flow. Sold prices moved -2.3% over the past year. Inventory sits at about 9.5 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 West Peoria cash-flowing listings

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