Real Estate Investing in Colona, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 6,637 • Henry County

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Should you buy in Colona, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.2% vacancy may signal weakening demand.

What’s happening in Colona, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $189,354
Avg Monthly Rent $999
ZIP Codes 1

Investing in Colona Real Estate

Across Colona's 1 ZIPs, the picture is thin: $189K median values, $999/mo rents, and a population that has faced real economic pressure.

firmly Colona's aggregate rating of ★★★☆☆ reflects modest investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Transaction volume in Colona has thinned in a way that amplifies price discovery risk. Turning to rents, investors without local context should treat every number on the page with skepticism.

The 0% renter share in Colona masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Davenport-Moline-Rock Island, IA-IL

Colona is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$189,354
Avg Monthly Rent
$999
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Colona, IL

Screen every ZIP in Colona

Filter Colona’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Colona, IL

How much does a house cost in Colona, IL?

In Colona, IL the median home value sits at $189K. Against the broader IL market, that reads as reasonable for most investors.

Where do rents currently stand in Colona, IL?

Investors in Colona, IL typically see rents near $999/mo per month against $189K home values - a solid setup for rental cash flow.

Are landlord laws favorable in Colona, IL?

Colona, IL operates under IL law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

Should investors consider Colona, IL?

The 3.0/5 investability rating in Colona, IL reflects its $189K prices and $999/mo rents. Investors generally consider it a solid option within IL.

Is it easy to find good tenants in Colona, IL?

Tenant demand in Colona, IL is solid. The local workforce $999/mo rents across most rental classes.

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