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REI Lense

Rockford, IL Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Rockford, IL. Based on 75+ datapoints.

Rockford, IL Long-Term Rental Investment Snapshot

Based on 75+ long-term rental datapoints

Median Cap Rate

5.8%

Avg Cash on Cash

-3.7%

Median Cashflow

-$165/mo

Avg Rent Estimate

$1,966/mo

Avg Price

$227,271

Price Range

$82,900 - $386,800

Rent to Price

0.87%

okay ratio

Positive Cashflow

29%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Rockford, IL

Rockford, IL presents a balanced long-term rental investment profile across 75+ analyzed datapoints. A median 5.8% cap rate combined with -3.7% 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 75+ analyzed properties, the median monthly cashflow in Rockford, IL is -$165 with average rents of $1,966/month. Properties range from $82,900 to $386,800, offering entry points across multiple investment budgets.

801 Lundvall Ave, Rockford, IL 61107

Price

$215,400

Rent

$2,434

CachFlow

$188

CoC

4.99

Full Analysis

2404 Winnetka Dr, Rockford, IL 61108

Price

$169,400

Rent

$1,679

CachFlow

$20

CoC

0.67

Full Analysis

404 N Prospect St, Rockford, IL 61107

Price

$259,999

Rent

$1,970

CachFlow

-$393

CoC

-8.64

Full Analysis

3524 N Main St, Rockford, IL 61103

Price

$174,900

Rent

$1,505

CachFlow

-$114

CoC

-3.72

Full Analysis

2218 Benderwirt Ave, Rockford, IL 61103

Price

$157,800

Rent

$1,821

CachFlow

$285

CoC

10.32

Full Analysis
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Rockford, IL Rental Market Insights

  • Median cashflow is -$165/month — careful deal selection is essential here
  • 5.8% median cap rate reflects a balanced risk-return profile
  • At 29% positive cashflow rate, Rockford, IL requires selective property picks
  • Moderately priced market with properties from $82,900 to $386,800

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