Real Estate Investing in Long Point, Illinois (61333)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61333 (Long Point, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.5% of homes vacant — above national norms.
• 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 Long Point, IL (61333)?
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Market Analysis: 61333 Long Point
This part of Livingston County is not an easy win. The 61333 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $855/mo on a $159K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 61333 sits below the stated 0.0% once reality is priced in.
Regionally, 61333 sits on the difficult end of the IL spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
A robust renter share of 4% in 61333 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Long Point's stable or hybrid ZIPs before stepping into 61333. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Long Point:
Market Trends
Home Value History (with trend line)
📊 How Does 61333 Compare?
| Metric | 61333 | Long Point | Pontiac, IL | Illinois |
|---|---|---|---|---|
| Home Value | $158,821 | $158,821 | N/A | $279,761 |
| 5-Year CAGR | N/A | N/A | N/A | 6.6% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61333 (Long Point, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,821 |
| Monthly Rent | $855 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +15.2% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (4.2%). 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 61333
Population: 270
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
What are home prices like in Long Point, IL?
Median home price in Long Point, IL is near $159K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
What is it like being a landlord in Long Point, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Long Point generally follows the statewide framework, so landlords face reasonable operating rules.
Can I live-in-and-rent in Long Point, IL?
House hacking in Long Point, IL is a challenging. With home values around $159K and rents at $855/mo, owner-occupants can offset a meaningful share of PITI.
What are rental rates like in Long Point, IL?
Average rent in Long Point, IL is approximately $855/mo per month. Against $159K home values that yields a reasonable rent-to-price ratio.
What is the tenant pool like in Long Point, IL?
Expect a solid tenant pool in Long Point, IL. The rental market absorbs $855/mo rents without meaningful friction.
You know 61333 now. You don’t know where it ranks.
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How 61333 ranks in Pontiac, IL
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