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
5.8%
Avg Cash on Cash
-2.8%
Median Cashflow
-$194/mo
Avg Rent Estimate
$1,908/mo
Avg Price
$211,038
Price Range
$125,000 - $257,300
Rent to Price
0.9%
okay ratio
Positive Cashflow
33%
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 5.8% 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 -$194 with average rents of $1,908/month. Properties range from $125,000 to $257,300, offering entry points across multiple investment budgets.
Carterville, IL Rental Market Insights
- •Median cashflow is -$194/month — careful deal selection is essential here
- •5.8% median cap rate reflects a balanced risk-return profile
- •At 33% positive cashflow rate, Carterville, IL requires selective property picks
- •Moderately priced market with properties from $125,000 to $257,300
- •Early-stage market data — revisit as more properties are analyzed for stronger signals