Real Estate Investing in Ransom, Illinois (60470)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60470 (Ransom, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ransom, IL (60470)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60470 Ransom
This part of La Salle County is not an easy win. The 60470 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 60470 is substantial only for operators who understand what they are buying. A $208K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 60470 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 60470 ZIP's population of 410 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
New investors are better served looking at Ransom's stable or hybrid ZIPs before stepping into 60470. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Ransom:
Market Trends
Home Value History (with trend line)
📊 How Does 60470 Compare?
| Metric | 60470 | Ransom | Ottawa, IL | Illinois |
|---|---|---|---|---|
| Home Value | $208,032 | $208,032 | N/A | $279,761 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.6% |
| Avg Rent | $1,224 | $1,224 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60470 (Ransom, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 60470 (Ransom, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $208,032 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60470
Population: 410
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 60470
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is housing expensive in Ransom, IL?
Ransom, IL median home values land near $208K. That is reasonable territory for investors looking at $1,224/mo-per-month rentals.
How should investors approach Ransom, IL?
In Ransom, IL the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $208K prices and $1,224/mo rents suits that approach.
How strong is tenant demand in Ransom, IL?
Ransom, IL draws a reliable base of working renters. Demand at the $1,224/mo rent level is reasonable for standard single-family and small multi rentals.
Is Ransom, IL landlord-friendly?
IL law landlord-friendly for landlords, and Ransom inherits those rules. Investors should still review local ordinances for rental licensing.
Should investors worry about vacancy in Ransom, IL?
Vacancy in Ransom, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,224/mo.
You know 60470 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60470 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 60470 ranks in Ottawa, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 60470 (Ransom)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 60470 (Ransom, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.