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
6%
Avg Cash on Cash
-2.4%
Median Cashflow
-$243/mo
Avg Rent Estimate
$4,619/mo
Avg Price
$480,258
Price Range
$410,800 - $599,000
Rent to Price
0.96%
okay ratio
Positive Cashflow
18%
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 -2.4%.
Across 10+ analyzed properties, Mount Prospect, IL mid-term rental investments show a median monthly cashflow of -$243 with average furnished rent estimates of $4,619/month. These figures reflect real property data, not projections.
402 S Na Wa Ta Ave, Mount Prospect, IL 60056
Price
$510,200
Rent
$5,126
CachFlow
-$264
CoC
-2.53
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 -$243/month — careful deal selection is essential here
- •6% median cap rate reflects a balanced risk-return profile
- •At 18% positive cashflow rate, Mount Prospect, IL requires selective property picks
- •Premium market with properties from $410,800 to $599,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals