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 10+ datapoints.
Joliet, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
6.4%
Avg Cash on Cash
0.3%
Median Cashflow
$52/mo
Avg Rent Estimate
$3,728/mo
Avg Price
$365,525
Price Range
$248,600 - $417,100
Rent to Price
1.02%
strong ratio
Positive Cashflow
58%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Joliet, IL
Joliet, IL is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 0.3%.
Across 10+ analyzed properties, Joliet, IL mid-term rental investments show a median monthly cashflow of $52 with average furnished rent estimates of $3,728/month. These figures reflect real property data, not projections.
Joliet, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $52/month indicates most investors cover expenses
- •6.4% median cap rate reflects a balanced risk-return profile
- •58% positive cashflow rate means roughly half properties are cash-flow positive
- •Mid-to-upper tier market with properties from $248,600 to $417,100
- •Early-stage market data — revisit as more properties are analyzed for stronger signals