Herrin, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Herrin, IL. Based on 10+ datapoints.
Herrin, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
6.4%
Avg Cash on Cash
1.5%
Median Cashflow
-$58/mo
Avg Rent Estimate
$1,617/mo
Avg Price
$184,530
Price Range
$71,300 - $275,500
Rent to Price
0.88%
okay ratio
Positive Cashflow
50%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Herrin, IL
Herrin, 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 6.4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Herrin, IL is -$58 with average rents of $1,617/month. Properties range from $71,300 to $275,500, offering entry points across multiple investment budgets.
Herrin, IL Rental Market Insights
- •Median cashflow is -$58/month — careful deal selection is essential here
- •6.4% median cap rate reflects a balanced risk-return profile
- •50% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Moderately priced market with properties from $71,300 to $275,500
- •Early-stage market data — revisit as more properties are analyzed for stronger signals