Real Estate Investing in Poplar Grove, Illinois (61065)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61065 (Poplar Grove, 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.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Poplar Grove, IL (61065)?
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Market Analysis: 61065 Poplar Grove
This part of Boone County is not an easy win. The 61065 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 61065 is robust only for operators who understand what they are buying. A $282K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Poplar Grove have seen price recovery that 61065 has not matched. Boone County data supports the view that the spread is structural rather than temporary.
Stepping back, 10,927 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. robust returns are possible in 61065, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Poplar Grove:
Property Strategy for 61065
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $189,583 | $1,760 | 6.7% | +9.0% | $94,791 |
| 3BR | $249,667 | $2,330 | 6.7% | +9.2% | $83,222 |
| 4BR | $306,821 | $2,390 | 5.6% | +8.3% | $76,705 |
| 5BR | $333,797 | — | — | +7.9% | $66,759 |
Market Trends
Home Value History (with trend line)
📊 How Does 61065 Compare?
| Metric | 61065 | Poplar Grove | Rockford, IL | Illinois |
|---|---|---|---|---|
| Home Value | $282,092 | $282,092 | N/A | $279,761 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 6.6% |
| Avg Rent | $1,584 | $1,584 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 61065 (Poplar Grove, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $282,092 |
| Monthly Rent | $1,584 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (4.4%). 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 61065
Population: 10,927
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 61065
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.
🎓 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
Is Poplar Grove, IL a good place for real estate investing?
Investors tracking Poplar Grove, IL will find a 3.0/5 rating supported by $282K median home values and $1,584/mo rents. That profile suits long-term holders targeting measured returns.
What do rentals go for in Poplar Grove, IL?
Investors in Poplar Grove, IL typically see rents near $1,584/mo per month against $282K home values - a solid setup for rental cash flow.
Which real estate strategy fits Poplar Grove, IL?
A careful cash-flow rentals with hands-on management strategy Poplar Grove, IL best. The market produces predictable results for that approach at the $282K price point.
Is Poplar Grove, IL a good market for FHA house hackers?
House hacking works a challenging in Poplar Grove, IL. Rents of $1,584/mo against $282K acquisition make the strategy solid for owner-occupants.
Is Poplar Grove, IL good for landlords?
IL law landlord-friendly for landlords, and Poplar Grove inherits those rules. Investors should still review local ordinances for rental licensing.
You know 61065 now. You don’t know where it ranks.
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How 61065 ranks in Rockford, IL
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