Joliet, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Joliet, IL. Based on 20+ datapoints.
Joliet, IL Mid-Term Rental Investment Snapshot
Based on 20+ mid-term rental datapoints
Median Cap Rate
7.8%
Avg Cash on Cash
3.3%
Median Cashflow
$313/mo
Avg Rent Estimate
$3,756/mo
Avg Price
$306,100
Price Range
$217,500 - $379,990
Rent to Price
1.23%
strong ratio
Positive Cashflow
71%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Joliet, IL
Joliet, IL delivers consistent cashflow for mid-term rental investors. 71% of analyzed properties generate positive monthly cashflow, with a median of $313/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 20+ analyzed properties, Joliet, IL mid-term rental investments show a median monthly cashflow of $313 with average furnished rent estimates of $3,756/month. These figures reflect real property data, not projections.
Joliet, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $313/month indicates most investors cover expenses
- •7.8% median cap rate reflects a balanced risk-return profile
- •71% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $217,500 to $379,990
- •Ideal for investors building a portfolio of income-producing properties