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
6.1%
Avg Cash on Cash
-2.5%
Median Cashflow
-$75/mo
Avg Rent Estimate
$2,163/mo
Avg Price
$232,678
Price Range
$131,200 - $329,900
Rent to Price
0.93%
okay ratio
Positive Cashflow
42%
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 -2.5%.
Across 10+ analyzed properties, Mount Vernon, IL mid-term rental investments show a median monthly cashflow of -$75 with average furnished rent estimates of $2,163/month. These figures reflect real property data, not projections.
8340 N Cherryville Ln, Mount Vernon, IL 62864
Price
$230,300
Rent
$2,072
CachFlow
-$220
CoC
-3.98
15558 E Country Meadows Rd, Mount Vernon, IL 62864
Price
$385,100
Rent
$3,832
CachFlow
-$139
CoC
-1.69
Mount Vernon, IL Mid-Term Rental Market Insights
- •Median cashflow is -$75/month — careful deal selection is essential here
- •6.1% median cap rate reflects a balanced risk-return profile
- •42% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Moderately priced market with properties from $131,200 to $329,900
- •Early-stage market data — revisit as more properties are analyzed for stronger signals