Joliet, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Joliet, IL. Based on 20+ datapoints.
Joliet, IL Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
5.3%
Avg Cash on Cash
-7.3%
Median Cashflow
-$335/mo
Avg Rent Estimate
$2,581/mo
Avg Price
$316,781
Price Range
$237,100 - $437,900
Rent to Price
0.81%
okay ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Joliet, IL
Joliet, IL is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 5.3% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Joliet, IL is -$335 with average rents of $2,581/month. Properties range from $237,100 to $437,900, offering entry points across multiple investment budgets.
Joliet, IL Rental Market Insights
- •Median cashflow is -$335/month — careful deal selection is essential here
- •5.3% median cap rate reflects a balanced risk-return profile
- •At 0% positive cashflow rate, Joliet, IL requires selective property picks
- •Mid-to-upper tier market with properties from $237,100 to $437,900
- •Early-stage market data — revisit as more properties are analyzed for stronger signals