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 20+ datapoints.
Plainfield, IL Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-9.2%
Median Cashflow
-$570/mo
Avg Rent Estimate
$2,941/mo
Avg Price
$418,844
Price Range
$298,200 - $587,900
Rent to Price
0.7%
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 4.8%, 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 20+ analyzed properties, the median monthly cashflow in Plainfield, IL is -$570 with average rents of $2,941/month. Properties range from $298,200 to $587,900, offering entry points across multiple investment budgets.
1911 Chestnut Hill Rd, Plainfield, IL 60586
Price
$394,200
Rent
$3,010
CachFlow
-$673
CoC
-9.76
Plainfield, IL Rental Market Insights
- •Median cashflow is -$570/month — careful deal selection is essential here
- •4.8% 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 $298,200 to $587,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs