Real Estate Investing in Davis, Illinois (61019)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61019 (Davis, 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.
- High vacancy: 22.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Davis, IL (61019)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61019 Davis
Not every below-median market is a bargain. Davis's 61019 ZIP sits at signals that favor experienced operators who can absorb the risk $275K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 61019 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
From an investor standpoint, 61019 offers a low basis, the region around Davis has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 61019 ZIP's population of 3,341 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Strategy in 61019 is an operator game, not a passive one. Put differently, entry prices of $275K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Davis:
Property Strategy for 61019
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $205,159 | $1,330 | 4.7% | — | $102,580 |
| 3BR | $244,380 | $1,680 | 4.9% | +10.7% | $81,460 |
| 4BR | $313,847 | $1,890 | 4.3% | +9.9% | $78,462 |
Market Trends
Home Value History (with trend line)
📊 How Does 61019 Compare?
| Metric | 61019 | Davis | Freeport, IL | Illinois |
|---|---|---|---|---|
| Home Value | $274,571 | $274,571 | N/A | $279,761 |
| 5-Year CAGR | 8.3% | 8.3% | N/A | 6.6% |
| Avg Rent | $1,197 | $1,197 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 61019 (Davis, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61019 (Davis, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $274,571 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.4%). 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 61019
Population: 3,341
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
Frequently Asked Questions
Where do rents currently stand in Davis, IL?
Investors in Davis, IL typically see rents near $1,197/mo per month against $275K home values - a solid setup for rental cash flow.
How strong is tenant demand in Davis, IL?
Davis, IL draws a predictable base of working renters. Demand at the $1,197/mo rent level is reasonable for standard single-family and small multi rentals.
Is IL a landlord-friendly state?
Landlord-friendliness in Davis, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What does house hacking look like in Davis, IL?
The a challenging house-hack environment in Davis, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What price range are homes in Davis, IL?
Median home price in Davis, IL is near $275K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
You know 61019 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61019 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 61019 ranks in Freeport, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61019 (Davis)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61019 (Davis, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.