Waukegan, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Waukegan, IL. Based on 10+ datapoints.
Waukegan, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
7.8%
Avg Cash on Cash
4.2%
Median Cashflow
$184/mo
Avg Rent Estimate
$3,775/mo
Avg Price
$294,677
Price Range
$200K – $400K
approximate
Rent to Price
1.28%
strong ratio
Positive Cashflow
75%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Waukegan, IL
Waukegan, IL is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 4.2%.
Across 10+ analyzed properties, Waukegan, IL mid-term rental investments show a median monthly cashflow of $184 with average furnished rent estimates of $3,775/month. These figures reflect real property data, not projections.
Waukegan, IL Mid-Term Rental Market Insights
- Positive median cashflow of $184/month indicates most investors cover expenses
- 7.8% median cap rate reflects a balanced risk-return profile
- 75% of analyzed properties cash-flow positive — high probability of finding a deal
- Moderately priced market with properties priced about $200,000 to $400,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals