Mount Prospect, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Mount Prospect, IL. Based on 10+ datapoints.
Mount Prospect, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
5.8%
Avg Cash on Cash
-3.1%
Median Cashflow
-$289/mo
Avg Rent Estimate
$4,386/mo
Avg Price
$488,655
Price Range
$410,800 - $634,700
Rent to Price
0.9%
okay ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Mount Prospect, IL
Mount Prospect, IL is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -3.1%.
Across 10+ analyzed properties, Mount Prospect, IL mid-term rental investments show a median monthly cashflow of -$289 with average furnished rent estimates of $4,386/month. These figures reflect real property data, not projections.
1205 E Ironwood Dr, Mount Prospect, IL 60056
Price
$487,700
Rent
$4,455
CachFlow
-$489
CoC
-4.87
1814 W Catalpa Ln, Mount Prospect, IL 60056
Price
$439,900
Rent
$4,270
CachFlow
-$217
CoC
-2.36
Mount Prospect, IL Mid-Term Rental Market Insights
- •Median cashflow is -$289/month — careful deal selection is essential here
- •5.8% median cap rate reflects a balanced risk-return profile
- •At 20% positive cashflow rate, Mount Prospect, IL requires selective property picks
- •Premium market with properties from $410,800 to $634,700
- •Early-stage market data — revisit as more properties are analyzed for stronger signals