Mchenry, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mchenry, IL. Based on 10+ datapoints.
Mchenry, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-11.9%
Median Cashflow
-$618/mo
Avg Rent Estimate
$2,805/mo
Avg Price
$446,930
Price Range
$274,800 - $700,000
Rent to Price
0.63%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Mchenry, IL
Mchenry, IL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Mchenry, IL is -$618 with average rents of $2,805/month. Properties range from $274,800 to $700,000, offering entry points across multiple investment budgets.
Mchenry, IL Rental Market Insights
- •Median cashflow is -$618/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Mchenry, IL requires selective property picks
- •Mid-to-upper tier market with properties from $274,800 to $700,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs