Real Estate Investing in Ashmore, Illinois (61912)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61912 (Ashmore, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ashmore, IL (61912)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61912 Ashmore
ZIP 61912 in Ashmore, IL carries a resilient set of headwinds. Home values near $144K and rents of $828/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 61912 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 61912 sits on the difficult end of the IL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 61912 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. solid returns are possible in 61912, 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 Ashmore:
Market Trends
Home Value History (with trend line)
📊 How Does 61912 Compare?
| Metric | 61912 | Ashmore | Charleston-Mattoon, IL | Illinois |
|---|---|---|---|---|
| Home Value | $144,109 | $144,109 | N/A | $279,761 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
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 61912 (Ashmore, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61912 (Ashmore, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $144,109 |
| Monthly Rent | $828 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +9.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 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 (4.5%). 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 61912
Population: 1,192
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 61912
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
What are vacancy rates like in Ashmore, IL?
Vacancy in Ashmore, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $828/mo.
How deep is the rental pool in Ashmore, IL?
Expect a solid tenant pool in Ashmore, IL. The rental market absorbs $828/mo rents without meaningful friction.
Is Ashmore, IL a good place for real estate investing?
Ashmore, IL reflects an investability rating of 3.0/5, with median home values near $144K and average rents around $828/mo. That combination puts it in the durable tier for investor interest.
What does house hacking look like in Ashmore, IL?
For house hackers, Ashmore, IL is a challenging. The $828/mo rent on a unit helps defray the mortgage on a $144K property.
How much rent can I charge in Ashmore, IL?
Ashmore, IL rentals go for roughly $828/mo a month. That puts gross yield in solid territory relative to $144K acquisition costs.
You know 61912 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61912 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 61912 ranks in Charleston-Mattoon, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61912 (Ashmore)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61912 (Ashmore, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.