Carterville, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Carterville, IL. Based on 10+ datapoints.
Carterville, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
8.2%
Avg Cash on Cash
6%
Median Cashflow
$201/mo
Avg Rent Estimate
$3,008/mo
Avg Price
$226,433
Price Range
$165,000 - $257,300
Rent to Price
1.33%
strong ratio
Positive Cashflow
85%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Carterville, IL
Carterville, IL delivers consistent cashflow for mid-term rental investors. 85% of analyzed properties generate positive monthly cashflow, with a median of $201/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Carterville, IL mid-term rental investments show a median monthly cashflow of $201 with average furnished rent estimates of $3,008/month. These figures reflect real property data, not projections.
Carterville, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $201/month indicates most investors cover expenses
- •8.2% median cap rate places Carterville, IL among higher-yielding markets nationwide
- •85% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $165,000 to $257,300
- •Ideal for investors building a portfolio of income-producing properties