Real Estate Investing in Davis Junction, Illinois (61020)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61020 (Davis Junction, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Davis Junction, IL (61020)?
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Market Analysis: 61020 Davis Junction
Investors eyeing 61020 need to respect the fundamentals at play. Home values of $285K come alongside slower price movement and elevated management overhead.
For an experienced owner, 61020 can be a a strong candidate for hunting ground — but the discount at $285K reflects genuine risk that outside investors often underestimate.
The gap between 61020 and stronger Davis Junction ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 61020 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 61020 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Davis Junction:
Property Strategy for 61020
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $258,855 | $1,690 | 4.7% | +8.1% | $86,285 |
| 4BR | $304,035 | $1,960 | 4.6% | +7.9% | $76,009 |
Market Trends
Home Value History (with trend line)
📊 How Does 61020 Compare?
| Metric | 61020 | Davis Junction | Rochelle, IL | Illinois |
|---|---|---|---|---|
| Home Value | $285,484 | $285,484 | N/A | $279,761 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 6.6% |
| Avg Rent | $1,233 | $1,233 | 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 61020 (Davis Junction, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $285,484 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 61020
Population: 3,197
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
🎓 Nearby Colleges & Universities
Investor Insight: With 3,649 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What type of investing works in Davis Junction, IL?
A careful cash-flow rentals with hands-on management strategy Davis Junction, IL best. The market produces stable results for that approach at the $285K price point.
How strong is tenant demand in Davis Junction, IL?
Working renters make up the core of the Davis Junction, IL tenant base. The pool is reasonable for investors targeting long-term holds.
Is vacancy a concern in Davis Junction, IL?
Expect elevated vacancy in Davis Junction, IL. Rents at $1,233/mo are absorbed by the tenant base without meaningful lag.
Are homes affordable in Davis Junction, IL?
Davis Junction, IL median home values land near $285K. That is reasonable territory for investors looking at $1,233/mo-per-month rentals.
Where do rents currently stand in Davis Junction, IL?
Investors in Davis Junction, IL typically see rents near $1,233/mo per month against $285K home values - a solid setup for rental cash flow.
You know 61020 now. You don’t know where it ranks.
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How 61020 ranks in Rochelle, IL
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