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 15+ datapoints.
Joliet, IL Mid-Term Rental Investment Snapshot
Based on 15+ mid-term rental datapoints
Median Cap Rate
6.7%
Avg Cash on Cash
1.4%
Median Cashflow
$146/mo
Avg Rent Estimate
$3,703/mo
Avg Price
$329,511
Price Range
$152,700 - $417,100
Rent to Price
1.12%
strong ratio
Positive Cashflow
67%
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 15+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 1.4%.
Across 15+ analyzed properties, Joliet, IL mid-term rental investments show a median monthly cashflow of $146 with average furnished rent estimates of $3,703/month. These figures reflect real property data, not projections.
Joliet, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $146/month indicates most investors cover expenses
- •6.7% median cap rate reflects a balanced risk-return profile
- •67% positive cashflow rate means roughly half properties are cash-flow positive
- •Moderately priced market with properties from $152,700 to $417,100
- •Early-stage market data — revisit as more properties are analyzed for stronger signals