Real Estate Investing in Fithian, Illinois (61844)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61844 (Fithian, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
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 Fithian, IL (61844)?
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Market Analysis: 61844 Fithian
The 61844 ZIP covers a section of Fithian that demands careful diligence. Prices near $186K look accessible, but the work to make a deal cash flow is real.
Looking more closely, the numbers look inviting — $186K purchase price, 0.0% nominal cap — the work to hit that pro forma in 61844 is substantial and deserves full respect.
Statewide comparisons place 61844 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A resilient renter share of 10% in 61844 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. healthy returns are possible in 61844, 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 Fithian:
Market Trends
Home Value History (with trend line)
📊 How Does 61844 Compare?
| Metric | 61844 | Fithian | Danville, IL | Illinois |
|---|---|---|---|---|
| Home Value | $186,102 | $186,102 | N/A | $279,761 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.6% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61844 (Fithian, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $186,102 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +15.1% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 61844
Population: 927
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 61844
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
Does Fithian, IL make sense for an investment property?
The 3.0/5 investability rating in Fithian, IL reflects its $186K prices and $1,125/mo rents. Investors generally consider it a solid option within IL.
What monthly rent should investors expect in Fithian, IL?
Average rent in Fithian, IL is approximately $1,125/mo per month. Against $186K home values that yields a reasonable rent-to-price ratio.
What approach is best for Fithian, IL real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Fithian, IL. The numbers - $186K homes against $1,125/mo rents - support that play.
How do landlord-tenant laws work in Fithian, IL?
IL law landlord-friendly for landlords, and Fithian inherits those rules. Investors should still review local ordinances for rental licensing.
Do rentals sit vacant long in Fithian, IL?
Expect elevated vacancy in Fithian, IL. Rents at $1,125/mo are absorbed by the tenant base without meaningful lag.
You know 61844 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61844 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 61844 ranks in Danville, IL
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