Real Estate Investing in Graymont, Illinois (61743)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61743 (Graymont, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.3% 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 Graymont, IL (61743)?
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Market Analysis: 61743 Graymont
The 61743 ZIP covers a section of Graymont that demands careful diligence. Prices near $206K look accessible, but the work to make a deal cash flow is real.
The investment case in 61743 is robust only for operators who understand what they are buying. A $206K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 61743 sits on the difficult end of the IL spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
A resilient renter share of 23% in 61743 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. sturdy returns are possible in 61743, 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 Graymont:
Market Trends
Home Value History (with trend line)
📊 How Does 61743 Compare?
| Metric | 61743 | Graymont | Pontiac, IL | Illinois |
|---|---|---|---|---|
| Home Value | $205,903 | $205,903 | N/A | $279,761 |
| 5-Year CAGR | N/A | N/A | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61743 (Graymont, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,903 |
| Monthly Rent | $828 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +14.1% ▲ |
| 3-Year CAGR | +8.7% ▲ |
| 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 (3.1%). 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 61743
Population: 118
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 61743
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
What kind of tenants rent in Graymont, IL?
Tenant quality in Graymont, IL ranks as solid. Landlords generally report predictable occupancy at market rents of $828/mo.
Should investors consider Graymont, IL?
The 2.0/5 investability rating in Graymont, IL reflects its $206K prices and $828/mo rents. Investors generally consider it a solid option within IL.
Does house hacking work in Graymont, IL?
House hacking works a challenging in Graymont, IL. Rents of $828/mo against $206K acquisition make the strategy solid for owner-occupants.
How strict are landlord regulations in Graymont, IL?
Graymont, IL operates under IL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What is the typical rental rate in Graymont, IL?
Investors in Graymont, IL typically see rents near $828/mo per month against $206K home values - a solid setup for rental cash flow.
You know 61743 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61743 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 61743 ranks in Pontiac, IL
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