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 20+ datapoints.
Marion, IL Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
5.3%
Avg Cash on Cash
-5.8%
Median Cashflow
-$262/mo
Avg Rent Estimate
$1,887/mo
Avg Price
$237,005
Price Range
$90,000 - $370,000
Rent to Price
0.8%
okay ratio
Positive Cashflow
35%
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 20+ properties analyzed, early data shows the market is developing. The median cap rate of 5.3% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Marion, IL is -$262 with average rents of $1,887/month. Properties range from $90,000 to $370,000, offering entry points across multiple investment budgets.
Marion, IL Rental Market Insights
- •Median cashflow is -$262/month — careful deal selection is essential here
- •5.3% median cap rate reflects a balanced risk-return profile
- •At 35% positive cashflow rate, Marion, IL requires selective property picks
- •Moderately priced market with properties from $90,000 to $370,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals