Is Kane County, IL good for real estate investing?

Kane County has an investment score of 68/100, rated as "Buy". The county ranks #151 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Kane?

The rent-to-price ratio in Kane County is 6.64% annually, which ranks in the 69th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Kane?

The median home price in Kane County is $363,906. This ranks #785 in affordability among all US counties.

Can you cash flow on rental properties in Kane?

Based on median values with 20% down at current rates, a typical rental in Kane County would generate negative cash flow of $599/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Kane County

IllinoisPopulation: 517,254Chicago, IL Metro

/100

Buy

#151 of 1,000 counties

#61 in Illinois (102 counties)

Market Snapshot

$363,906

Median Home Price

56% above national median

$2,014/mo

Median Rent

33% above national median

6.64%

Rent-to-Price Ratio

Top 31% nationally

-$599

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$363,906

Down Payment (20%)$72,781

Loan Amount$291,125

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,014

Monthly P&I-$1,908

Est. Expenses (35%)-$705

Net Cash Flow-$599/mo

4.3%

Cap Rate (all cash)

-8.6%

Cash-on-Cash Return

6.64%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

68/100

Cash Flow(30%)

66/100

Based on 6.64% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

82/100

Based on 3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

73/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (6.64%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$599/mo)
-Negative leverage (cap rate 4.3% < mortgage rate 6.9%)

Economic Indicators

Population

517,254

Median Income

$96,400

vs $57,025 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.8x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CookIL	70	$314,517	$2,113	8.06%	Buy	View
LakeIL	69	$374,727	$2,083	6.67%	Buy	View
WillIL	69	$361,064	$2,121	7.05%	Buy	View
CurrentKaneIL	68	$363,906	$2,014	6.64%	Buy
AdamsIL	68	$174,680	$981	6.74%	Buy	View
DuPageIL	66	$416,478	$2,040	5.88%	Buy	View

The Bottom Line

BuyKane offers solid investment potential with good cash flow or appreciation prospects.

Kane County in Illinois scores 68/100, ranking #151 of 1,000 US counties (top 20%). The 6.64% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-599/mo

Cap Rate

4.3%

Cash-on-Cash

-8.6%

Ready to Analyze a Deal in Kane?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$363,906

Down Payment (20%)$72,781

Loan Amount$291,125

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,014

Monthly P&I-$1,908

Est. Expenses (35%)-$705

Net Cash Flow-$599/mo

4.3%

Cap Rate (all cash)

-8.6%

Cash-on-Cash Return

6.64%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

68/100

Cash Flow(30%)

66/100

Based on 6.64% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

82/100

Based on 3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

73/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

County

Verdict

CookIL

$314,517

$2,113

8.06%

Buy

View

LakeIL

$374,727

$2,083

6.67%

Buy

View

WillIL

$361,064

$2,121

7.05%

Buy

View

CurrentKaneIL

$363,906

$2,014

6.64%

Buy

AdamsIL

$174,680

$981

6.74%

Buy

View

DuPageIL

$416,478

$2,040

5.88%

Buy

View

The Bottom Line

BuyKane offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-599/mo

Cap Rate

4.3%

Cash-on-Cash

-8.6%