Galena, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Galena, IL. Based on 10+ datapoints.
Galena, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-10.6%
Median Cashflow
-$716/mo
Avg Rent Estimate
$2,911/mo
Avg Price
$411,830
Price Range
$273,800 - $695,000
Rent to Price
0.71%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Galena, IL
Galena, IL is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.1%, typical of mid-to-upper tier markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 10+ analyzed properties, Galena, IL mid-term rental investments show a median monthly cashflow of -$716 with average furnished rent estimates of $2,911/month. These figures reflect real property data, not projections.
Galena, IL Mid-Term Rental Market Insights
- •Median cashflow is -$716/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Galena, IL requires selective property picks
- •Mid-to-upper tier market with properties from $273,800 to $695,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs