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Marion, IL Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Marion, IL. Based on 15+ datapoints.

Marion, IL Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

5.1%

Avg Cash on Cash

-6.5%

Median Cashflow

-$319/mo

Avg Rent Estimate

$1,848/mo

Avg Price

$239,472

Price Range

$114,900 - $370,100

Rent to Price

0.77%

okay ratio

Positive Cashflow

28%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Marion, IL

Marion, IL is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 5.1% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in Marion, IL is -$319 with average rents of $1,848/month. Properties range from $114,900 to $370,100, offering entry points across multiple investment budgets.

1103 N Monroe St, Marion, IL 62959

Price

$114,900

Rent

$1,721

CachFlow

$490

CoC

24.37

Full Analysis

1108 Midway Ct, Marion, IL 62959

Price

$199,999

Rent

$1,056

CachFlow

-$701

CoC

-20.03

Full Analysis

11260 Zachary Dr, Marion, IL 62959

Price

$284,900

Rent

$1,920

CachFlow

-$468

CoC

-9.39

Full Analysis

1307 N Magnolia Dr, Marion, IL 62959

Price

$276,300

Rent

$2,080

CachFlow

-$338

CoC

-6.99

Full Analysis

607 N McLaren St, Marion, IL 62959

Price

$154,000

Rent

$1,404

CachFlow

$15

CoC

0.56

Full Analysis
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Marion, IL Rental Market Insights

  • Median cashflow is -$319/month — careful deal selection is essential here
  • 5.1% median cap rate reflects a balanced risk-return profile
  • At 28% positive cashflow rate, Marion, IL requires selective property picks
  • Moderately priced market with properties from $114,900 to $370,100
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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