Homewood, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Homewood, IL. Based on 10+ datapoints.
Homewood, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
7.8%
Avg Cash on Cash
5.4%
Median Cashflow
$320/mo
Avg Rent Estimate
$3,938/mo
Avg Price
$278,333
Price Range
$197,700 - $336,500
Rent to Price
1.41%
strong ratio
Positive Cashflow
91%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Homewood, IL
Homewood, IL delivers consistent cashflow for mid-term rental investors. 91% of analyzed properties generate positive monthly cashflow, with a median of $320/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Homewood, IL mid-term rental investments show a median monthly cashflow of $320 with average furnished rent estimates of $3,938/month. These figures reflect real property data, not projections.
Homewood, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $320/month indicates most investors cover expenses
- •7.8% median cap rate reflects a balanced risk-return profile
- •91% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $197,700 to $336,500
- •Ideal for investors building a portfolio of income-producing properties