Salem, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Salem, IL. Based on 10+ datapoints.
Salem, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
8.1%
Avg Cash on Cash
5.1%
Median Cashflow
$294/mo
Avg Rent Estimate
$2,767/mo
Avg Price
$221,100
Price Range
$134,900 - $297,400
Rent to Price
1.25%
strong ratio
Positive Cashflow
80%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Salem, IL
Salem, IL delivers consistent cashflow for mid-term rental investors. 80% of analyzed properties generate positive monthly cashflow, with a median of $294/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Salem, IL mid-term rental investments show a median monthly cashflow of $294 with average furnished rent estimates of $2,767/month. These figures reflect real property data, not projections.
Salem, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $294/month indicates most investors cover expenses
- •8.1% median cap rate places Salem, IL among higher-yielding markets nationwide
- •80% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $134,900 to $297,400
- •Ideal for investors building a portfolio of income-producing properties