Real Estate Investing in Viola, Illinois (61486)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61486 (Viola, 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.
- High vacancy: 14.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Viola, IL (61486)?
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Market Analysis: 61486 Viola
This part of Mercer County is not an easy win. The 61486 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 61486 is resilient only for operators who understand what they are buying. A $171K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 61486 sits on the difficult end of the IL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 61486 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Viola's stable or hybrid ZIPs before stepping into 61486. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Viola:
Market Trends
Home Value History (with trend line)
📊 How Does 61486 Compare?
| Metric | 61486 | Viola | Illinois |
|---|---|---|---|
| Home Value | $171,113 | $171,113 | $279,761 |
| 5-Year CAGR | 4.2% | 4.2% | 6.6% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 4.4% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61486 (Viola, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,113 |
| Monthly Rent | $954 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 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 (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 61486
Population: 1,429
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 61486
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.
Frequently Asked Questions
Is housing expensive in Viola, IL?
Viola, IL median home values land near $171K. That is reasonable territory for investors looking at $954/mo-per-month rentals.
What is the typical vacancy rate in Viola, IL?
Occupancy in Viola, IL runs even-keeled with elevated vacancy. Well-priced units at $954/mo lease on reasonable timelines.
How qualified is the tenant pool in Viola, IL?
The tenant pool in Viola, IL is solid, supported by local employment and population fundamentals. Rents of $954/mo are well-absorbed by the market.
What does house hacking look like in Viola, IL?
For house hackers, Viola, IL is a challenging. The $954/mo rent on a unit helps defray the mortgage on a $171K property.
Are landlord laws favorable in Viola, IL?
Viola, IL operates under IL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 61486 now. You don’t know where it ranks.
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How 61486 ranks in Davenport-Moline-Rock Island, IA-IL
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