Skokie, IL — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.8%

Below average

Monthly Cash Flow

-$887

After all expenses

Price-to-Rent

14.8

Investor-friendly

DSCR

0.60

Fails

📊 Key Metrics

Median Home Price
$412,131
Average Rent (3BR)
$2,305/mo
Price-to-Rent Ratio
14.8(good)
1% Rule
0.56%(fails — need 1%+)
Cash-on-Cash Return
-11.1%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Skokie for Investors

60077
Cap Rate: 4.2%Cash Flow: -$669/mo$371,850
60076
Cap Rate: 3.5%Cash Flow: -$1,105/mo$452,412

All Zip Codes in Skokie

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
600774.2%-$669$371,850$2,240/mo0.66
600763.5%-$1,105$452,412$2,370/mo0.54