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
$224/mo
Avg Rent Estimate
$2,863/mo
Avg Price
$211,038
Price Range
$125,000 - $257,300
Rent to Price
1.36%
strong ratio
Positive Cashflow
80%
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. 80% of analyzed properties generate positive monthly cashflow, with a median of $224/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 $224 with average furnished rent estimates of $2,863/month. These figures reflect real property data, not projections.
Carterville, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $224/month indicates most investors cover expenses
- •8.2% median cap rate places Carterville, IL among higher-yielding markets nationwide
- •80% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $125,000 to $257,300
- •Ideal for investors building a portfolio of income-producing properties