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
8.5%
Avg Cash on Cash
5.4%
Median Cashflow
$236/mo
Avg Rent Estimate
$2,749/mo
Avg Price
$214,150
Price Range
$134,900 - $297,400
Rent to Price
1.28%
strong ratio
Positive Cashflow
78%
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. 78% of analyzed properties generate positive monthly cashflow, with a median of $236/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 $236 with average furnished rent estimates of $2,749/month. These figures reflect real property data, not projections.
Salem, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $236/month indicates most investors cover expenses
- •8.5% median cap rate places Salem, IL among higher-yielding markets nationwide
- •78% 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