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
7.2%
Avg Cash on Cash
2.4%
Median Cashflow
$216/mo
Avg Rent Estimate
$3,712/mo
Avg Price
$334,546
Price Range
$217,500 - $417,100
Rent to Price
1.11%
strong ratio
Positive Cashflow
70%
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. 70% of analyzed properties generate positive monthly cashflow, with a median of $216/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 $216 with average furnished rent estimates of $3,712/month. These figures reflect real property data, not projections.
Joliet, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $216/month indicates most investors cover expenses
- •7.2% median cap rate reflects a balanced risk-return profile
- •70% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $217,500 to $417,100
- •Ideal for investors building a portfolio of income-producing properties