Pekin, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Pekin, IL. Based on 10+ datapoints.
Pekin, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-7.8%
Median Cashflow
-$250/mo
Avg Rent Estimate
$1,752/mo
Avg Price
$241,600
Price Range
$89,900 - $549,900
Rent to Price
0.73%
low ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Pekin, IL
Pekin, IL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.8%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Pekin, IL is -$250 with average rents of $1,752/month. Properties range from $89,900 to $549,900, offering entry points across multiple investment budgets.
Pekin, IL Rental Market Insights
- •Median cashflow is -$250/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 20% positive cashflow rate, Pekin, IL requires selective property picks
- •Mid-to-upper tier market with properties from $89,900 to $549,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs