Plainfield, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Plainfield, IL. Based on 15+ datapoints.
Plainfield, IL Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.9%
Median Cashflow
-$702/mo
Avg Rent Estimate
$2,969/mo
Avg Price
$436,410
Price Range
$324,900 - $587,900
Rent to Price
0.68%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Plainfield, IL
Plainfield, IL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 15+ analyzed properties, the median monthly cashflow in Plainfield, IL is -$702 with average rents of $2,969/month. Properties range from $324,900 to $587,900, offering entry points across multiple investment budgets.
7704 Scarlett Oak Dr, Plainfield, IL 60586
Price
$505,400
Rent
$3,028
CachFlow
-$1,251
CoC
-14.14
26321 W Sablewood Cir, Plainfield, IL 60585
Price
$559,990
Rent
$3,858
CachFlow
-$1,289
CoC
-13.15
Plainfield, IL Rental Market Insights
- •Median cashflow is -$702/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Plainfield, IL requires selective property picks
- •Mid-to-upper tier market with properties from $324,900 to $587,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs