Mount Vernon, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Mount Vernon, IL. Based on 10+ datapoints.
Mount Vernon, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
6.9%
Avg Cash on Cash
1.5%
Median Cashflow
$14/mo
Avg Rent Estimate
$2,316/mo
Avg Price
$226,000
Price Range
$89,900 - $406,000
Rent to Price
1.02%
strong ratio
Positive Cashflow
55%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Mount Vernon, IL
Mount Vernon, 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 1.5%.
Across 10+ analyzed properties, Mount Vernon, IL mid-term rental investments show a median monthly cashflow of $14 with average furnished rent estimates of $2,316/month. These figures reflect real property data, not projections.
14652 N State Highway 37, Mount Vernon, IL 62864
Price
$277,900
Rent
$3,018
CachFlow
$29
CoC
0.46
Mount Vernon, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $14/month indicates most investors cover expenses
- •6.9% median cap rate reflects a balanced risk-return profile
- •55% positive cashflow rate means roughly half properties are cash-flow positive
- •Moderately priced market with properties from $89,900 to $406,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals