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
5.2%
Avg Cash on Cash
-6.2%
Median Cashflow
-$291/mo
Avg Rent Estimate
$1,939/mo
Avg Price
$259,121
Price Range
$70,000 - $575,000
Rent to Price
0.75%
okay ratio
Positive Cashflow
33%
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 5.2% 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 -$291 with average rents of $1,939/month. Properties range from $70,000 to $575,000, offering entry points across multiple investment budgets.
Marion, IL Rental Market Insights
- •Median cashflow is -$291/month — careful deal selection is essential here
- •5.2% median cap rate reflects a balanced risk-return profile
- •At 33% positive cashflow rate, Marion, IL requires selective property picks
- •Mid-to-upper tier market with properties from $70,000 to $575,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals