Peoria, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Peoria, IL. Based on 50+ datapoints.
Peoria, IL Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
5.8%
Avg Cash on Cash
-4.5%
Median Cashflow
-$178/mo
Avg Rent Estimate
$1,759/mo
Avg Price
$187,414
Price Range
$69,900 - $337,900
Rent to Price
0.94%
okay ratio
Positive Cashflow
34%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Peoria, IL
Peoria, IL presents a balanced long-term rental investment profile across 50+ analyzed datapoints. A median 5.8% cap rate combined with -4.5% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 50+ analyzed properties, the median monthly cashflow in Peoria, IL is -$178 with average rents of $1,759/month. Properties range from $69,900 to $337,900, offering entry points across multiple investment budgets.
Peoria, IL Rental Market Insights
- •Median cashflow is -$178/month — careful deal selection is essential here
- •5.8% median cap rate reflects a balanced risk-return profile
- •At 34% positive cashflow rate, Peoria, IL requires selective property picks
- •Moderately priced market with properties from $69,900 to $337,900