Real Estate Investing in Tampico, Illinois (61283)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61283 (Tampico, IL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.1% 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 Tampico, IL (61283)?
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Market Analysis: 61283 Tampico
ZIP 61283 in Tampico, IL carries a significant set of headwinds. Home values near $134K and rents of $909/mo sit inside a market where underwriting has to be tight.
On the rental side, the numbers look inviting — $134K purchase price, 0.0% nominal cap — the work to hit that pro forma in 61283 is substantial and deserves full respect.
Within IL, ZIP 61283 trails on several market indicators that neighboring Whiteside County submarkets outperform. The gap is real and notable enough to shape underwriting.
The demographic picture in 61283 includes headwinds that any investor should price in. Income distribution skews lower than Tampico averages, and tenant stability requires active management.
Distressed ZIPs reward experience. significant returns are possible in 61283, 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 Tampico:
Market Trends
Home Value History (with trend line)
📊 How Does 61283 Compare?
| Metric | 61283 | Tampico | Sterling, IL | Illinois |
|---|---|---|---|---|
| Home Value | $133,967 | $133,967 | N/A | $279,761 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.6% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61283 (Tampico, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $133,967 |
| Monthly Rent | $909 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +15.7% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 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 (5.3%). 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 61283
Population: 1,349
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 61283
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
Frequently Asked Questions
How much does a house cost in Tampico, IL?
In Tampico, IL the median home value sits at $134K. Against the broader IL market, that reads as reasonable for most investors.
How strong is the working-renter base in Tampico, IL?
Tenant demand in Tampico, IL is solid. The local workforce $909/mo rents across most rental classes.
What is the investability score for Tampico, IL?
Yes - Tampico, IL a 3.0/5 investability score. With $134K home prices against $909/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Tampico, IL a friendly market for rental owners?
Tampico, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How much do tenants pay in Tampico, IL?
Rent in Tampico, IL is around $909/mo. The resulting rent-to-value relationship with $134K pricing is reasonable for most investor models.
You know 61283 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61283 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 61283 ranks in Sterling, IL
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Community Ratings
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