Joliet, IL Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Joliet, IL. Based on 10+ datapoints.
Joliet, IL Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
7.4%
Avg Cash on Cash
3.5%
Median Cashflow
$156/mo
Avg Rent Estimate
$4,429/mo
Avg Price
$302,290
Price Range
$199,900 - $462,400
Rent to Price
1.47%
strong ratio
Positive Cashflow
70%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Joliet, IL
Joliet, IL is an emerging short-term rental market with growing investor interest. With 10+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at 3.5%.
Across 10+ analyzed properties, Joliet, IL STR investments show a median monthly cashflow of $156 with an average estimated nightly-rate-adjusted revenue of $4,429/month. These figures reflect real property data, not projections.
Joliet, IL Airbnb Market Insights
- •Positive median cashflow of $156/month indicates most investors cover expenses
- •7.4% 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 $199,900 to $462,400
- •Early-stage market data — revisit as more properties are analyzed for stronger signals