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Market MapIllinoisMcDonough

McDonough County

IllinoisPopulation: 27,370
76
/100
Strong Buy
#29 of 1,000 counties
#31 in Illinois (102 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated May 11, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$92,986
Median Home Price
60% below national median
$937/mo
Median Rent
38% below national median
12.09%
Rent-to-Price Ratio
Top 1% nationally
+$121
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Scenario comparison

Same $937/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.
ScenarioPurchase priceMonthly cash flowCap rateCash-on-cash
75% of median
value-add or distressed
$69,739+$243/mo10.5%+18.2%
Median
typical MLS deal
$92,986+$121/mo7.8%+6.8%
125% of median
newer / premium
$116,232-$1/mo6.3%-0.0%

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$92,986
Down Payment (20%)$18,597
Loan Amount$74,389
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$937
Monthly P&I-$487
Est. Expenses (35%)-$328
Net Cash Flow+$121/mo
7.9%
Cap Rate (all cash)
6.8%
Cash-on-Cash Return
12.09%
Rent-to-Price Ratio

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

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
76/100
76
Cash Flow(30%)
100/100

Based on 12.09% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
53/100

Based on 0.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
100/100

Price-to-income ratio of 1.9x. 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 (12.09%)
  • +Positive cash flow potential (+$121/mo)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

No significant challenges identified based on current data.

Economic Indicators

Population
27,370
Median Income
$48,904
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
1.9x
Very affordable

Who this market fits

Best for
  • +Cash-flow buyers: the deal pencils at typical financing
  • +First-time investors looking for lower-risk markets

Compare to Nearby Counties

CountyVerdict
Saint ClairIL
77$173,515$1,2208.44%Strong BuyView
CurrentMcDonoughIL
76$92,986$93712.09%Strong Buy
SangamonIL
76$186,233$1,1297.28%Strong BuyView
PikeIL
75$112,450Est. pending—Strong BuyView
ShelbyIL
75$156,256Est. pending—Strong BuyView
WinnebagoIL
75$195,413$1,2127.44%Strong BuyView

The Bottom Line

Strong BuyMcDonough is a strong buy market with excellent fundamentals for buy-and-hold investors.

McDonough County in Illinois scores 76/100, ranking #29 of 1,000 US counties (top 4%). At 20% down and current rates, a median-priced rental clears about $121/month in cash flow, backed by a 12.09% gross rent-to-price ratio.

Monthly Cash Flow
+$121/mo
Cap Rate
7.9%
Cash-on-Cash
6.8%

Related markets

Markets like McDonough with stronger cash flow

  • Saint Clair County for cash-flow rentals
  • Winnebago County for cash-flow rentals
  • Sangamon County for cash-flow rentals

Head-to-head comparisons

  • McDonough vs Sangamon for rentals
  • McDonough vs Pike for rentals
  • McDonough vs Shelby for rentals
All counties in Illinois →

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