Real Estate Investing in Dalzell, Illinois (61320)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61320 (Dalzell, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
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 Dalzell, IL (61320)?
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Market Analysis: 61320 Dalzell
The 61320 ZIP covers a section of Dalzell that demands careful diligence. Prices near $166K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 61320 can be a a solid fit for hunting ground — but the discount at $166K reflects genuine risk that outside investors often underestimate.
The gap between 61320 and stronger Dalzell ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 61320 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. robust returns are possible in 61320, 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 Dalzell:
Market Trends
Home Value History (with trend line)
📊 How Does 61320 Compare?
| Metric | 61320 | Dalzell | Ottawa, IL | Illinois |
|---|---|---|---|---|
| Home Value | $165,807 | $165,807 | N/A | $279,761 |
| 5-Year CAGR | 8.0% | 8.0% | N/A | 6.6% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
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 61320 (Dalzell, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $165,807 |
| Monthly Rent | $999 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +7.7% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (4.7%). 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 61320
Population: 706
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 61320
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Northview Elem School
Parkside Middle School
Ladd Comm Cons Sch
La Salle-Peru Area Career Ctr
Circuit Breaker School
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 568 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Dalzell, IL?
Dalzell, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the renter demographic in Dalzell, IL?
Tenant quality in Dalzell, IL ranks as solid. Landlords generally report measured occupancy at market rents of $999/mo.
What is the investability score for Dalzell, IL?
Dalzell, IL comes in at an investability rating of 3.0/5, with median home values near $166K and average rents around $999/mo. That combination puts it in the resilient tier for investor interest.
Is IL a landlord-friendly state?
Landlord-friendliness in Dalzell, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How much rent can I charge in Dalzell, IL?
Rents in Dalzell, IL run near $999/mo. Compared with median home prices of $166K that produces solid gross yields for typical rentals.
You know 61320 now. You don’t know where it ranks.
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How 61320 ranks in Ottawa, IL
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