Herrin, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Herrin, IL. Based on 10+ datapoints.
Herrin, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
10%
Avg Cash on Cash
8.8%
Median Cashflow
$412/mo
Avg Rent Estimate
$2,388/mo
Avg Price
$170,142
Price Range
$26,500 - $275,500
Rent to Price
1.4%
strong ratio
Positive Cashflow
83%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Herrin, IL
Herrin, IL delivers consistent cashflow for mid-term rental investors. 83% of analyzed properties generate positive monthly cashflow, with a median of $412/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Herrin, IL mid-term rental investments show a median monthly cashflow of $412 with average furnished rent estimates of $2,388/month. These figures reflect real property data, not projections.
Herrin, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $412/month indicates most investors cover expenses
- •10% median cap rate places Herrin, IL among higher-yielding markets nationwide
- •83% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $26,500 to $275,500
- •Ideal for investors building a portfolio of income-producing properties