Real Estate Investing in Dow, Illinois (62022)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62022 (Dow, IL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.5% 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 Dow, IL (62022)?
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Market Analysis: 62022 Dow
From an investor standpoint, ZIP 62022 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $258K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $258K asset, 62022 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within IL, ZIP 62022 trails on several market indicators that neighboring Jersey County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Put differently, 1,073 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Dow:
Market Trends
Home Value History (with trend line)
📊 How Does 62022 Compare?
| Metric | 62022 | Dow | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $257,985 | $257,985 | N/A | $279,761 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.6% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62022 (Dow, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $257,985 |
| Monthly Rent | $936 |
| Price-to-Rent | 23.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +11.0% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 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 (2.8%). 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 62022
Population: 1,073
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
🎓 Nearby Colleges & Universities
Investor Insight: With 717 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Dow, IL?
Rental rates in Dow, IL average $936/mo. Tenant demand and $258K home values make the yield look reasonable by investor standards.
What kind of tenants rent in Dow, IL?
Tenant quality in Dow, IL ranks as solid. Landlords generally report stable occupancy at market rents of $936/mo.
Is Dow, IL better for rentals, flips, or BRRRR?
Dow, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($258K prices, $936/mo rents) make it a reasonable choice.
Are landlord laws favorable in Dow, IL?
Dow, IL operates under IL law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How strong is Dow, IL for real estate investors?
Dow, IL rates 3.0/5 for investability. With median values at $258K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.
You know 62022 now. You don’t know where it ranks.
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How 62022 ranks in St. Louis, MO-IL
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