Essex, IL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.5%

Below average

Monthly Cash Flow

-$456

After all expenses

Price-to-Rent

13.2

Investor-friendly

DSCR

0.70

Fails

📊 Key Metrics

Median Home Price
$289,191
Average Rent (3BR)
$1,820/mo
Price-to-Rent Ratio
13.2(good)
1% Rule
0.63%(fails — need 1%+)
Cash-on-Cash Return
-8.2%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Essex for Investors

60935
Cap Rate: 4.5%Cash Flow: -$456/mo$289,191
60935
Cap Rate: 4.5%Cash Flow: -$456/mo$289,191

All Zip Codes in Essex

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
609354.5%-$456$289,191$1,820/mo0.70
609354.5%-$456$289,191$1,820/mo0.70