Real Estate Investing in De Land, Illinois
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Should you buy in De Land, IL? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).
What’s happening in De Land, IL?
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Market Trends — De Land, IL
Home Value History
Investing in De Land Real Estate
Across De Land's 1 ZIPs, the picture is tepid: $158K median values, $882/mo rents, and a population that has faced real economic pressure.
De Land is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.
firmly De Land's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.
De Land's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.
Best ZIP codes in Champaign-Urbana, IL
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Landlord Ground Truth
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ZIP Codes in De Land, IL
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View PlansFrequently Asked Questions About De Land, IL
Are eviction rules reasonable in De Land, IL?
De Land, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How does De Land, IL rate as a rental market?
De Land, IL scores 2.0/5 for investability. Home values sit at $158K and rents near $882/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Does house hacking make sense in De Land, IL?
House hacking works a challenging in De Land, IL. Rents of $882/mo against $158K acquisition make the strategy solid for owner-occupants.
Are rents high in De Land, IL?
De Land, IL rentals go for roughly $882/mo a month. That puts gross yield in solid territory relative to $158K acquisition costs.
What is the typical renter like in De Land, IL?
Tenant quality in De Land, IL ranks as solid. Landlords generally report predictable occupancy at market rents of $882/mo.
Community Ratings
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