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
9.3%
Avg Cash on Cash
12.5%
Median Cashflow
$398/mo
Avg Rent Estimate
$2,375/mo
Avg Price
$170,164
Price Range
$26,500 - $275,500
Rent to Price
1.4%
strong ratio
Positive Cashflow
82%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Herrin, IL
Herrin, IL ranks among the higher-yielding mid-term rental markets in our dataset. With an average 12.5% cash-on-cash return and 9.3% median cap rate, furnished 30–180 day rentals here outperform standard long-term leases while avoiding the turnover overhead of nightly Airbnb stays. Moderately priced acquisition costs amplify returns for investors targeting traveling professionals and relocation tenants.
Across 10+ analyzed properties, Herrin, IL mid-term rental investments show a median monthly cashflow of $398 with average furnished rent estimates of $2,375/month. These figures reflect real property data, not projections.
Herrin, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $398/month indicates most investors cover expenses
- •9.3% median cap rate places Herrin, IL among higher-yielding markets nationwide
- •82% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $26,500 to $275,500
- •Best suited for investors prioritizing immediate returns over long-term appreciation