Carterville, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Carterville, IL. Based on 10+ datapoints.
Carterville, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
5.1%
Avg Cash on Cash
-7%
Median Cashflow
-$285/mo
Avg Rent Estimate
$1,853/mo
Avg Price
$261,120
Price Range
$165,000 - $385,000
Rent to Price
0.71%
low ratio
Positive Cashflow
22%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Carterville, IL
Carterville, IL is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5.1% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Carterville, IL is -$285 with average rents of $1,853/month. Properties range from $165,000 to $385,000, offering entry points across multiple investment budgets.
1109 Mockingbird Ln, Carterville, IL 62918
Price
$314,800
Rent
$1,787
CachFlow
-$947
CoC
-17.19
Carterville, IL Rental Market Insights
- •Median cashflow is -$285/month — careful deal selection is essential here
- •5.1% median cap rate reflects a balanced risk-return profile
- •At 22% positive cashflow rate, Carterville, IL requires selective property picks
- •Moderately priced market with properties from $165,000 to $385,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals