Mount Vernon, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mount Vernon, IL. Based on 10+ datapoints.
Mount Vernon, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-12.9%
Median Cashflow
-$514/mo
Avg Rent Estimate
$1,490/mo
Avg Price
$263,782
Price Range
$166,200 - $485,000
Rent to Price
0.56%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Mount Vernon, IL
Mount Vernon, IL is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Mount Vernon, IL is -$514 with average rents of $1,490/month. Properties range from $166,200 to $485,000, offering entry points across multiple investment budgets.
14230 E Windsong Rd, Mount Vernon, IL 62864
Price
$239,500
Rent
$1,580
CachFlow
-$232
CoC
-5.54
Mount Vernon, IL Rental Market Insights
- •Median cashflow is -$514/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Mount Vernon, IL requires selective property picks
- •Mid-to-upper tier market with properties from $166,200 to $485,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals