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

West Peoria, IL has a median modeled monthly cash flow of $-6 and a median cap rate of 6.2%, on a median sold price of $120,000. Prices changed +12.7% 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 6.2%, 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 $120,000 (about $89 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.

$120,000Median sold price

$89Median $/sqft

6.2%Median cap rate

$-6Modeled cash flow / mo

+12.7%Appreciation YoY

4.7Months of supply

31Active listings

79Sold (last 12 mo)

What the West Peoria numbers say

In West Peoria, IL, the median home sold for $120,000 (about $89 per square foot), and the typical deal models out to a 6.2% cap rate with a median $-6 of monthly cash flow. Sold prices moved +12.7% over the past year. Inventory sits at about 4.7 months of supply. 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.