Real Estate Investing in Mount Olive, Illinois (62069)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62069 (Mount Olive, 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: 12.7% 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 Mount Olive, IL (62069)?
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Market Analysis: 62069 Mount Olive
The 62069 ZIP covers a section of Mount Olive that demands careful diligence. Prices near $119K look accessible, but the work to make a deal cash flow is real.
The investment case in 62069 is impressive only for operators who understand what they are buying. A $119K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 62069's metrics run below Macoupin's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 62069 includes headwinds that any investor should price in. Income distribution skews lower than Mount Olive averages, and tenant stability requires active management.
Strategically, 62069 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Mount Olive:
Property Strategy for 62069
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $91,805 | $920 | 7.2% | +8.5% | $45,902 |
| 3BR | $134,904 | $1,140 | 6.1% | +5.9% | $44,968 |
Market Trends
Home Value History (with trend line)
📊 How Does 62069 Compare?
| Metric | 62069 | Mount Olive | Illinois |
|---|---|---|---|
| Home Value | $118,510 | $118,510 | $279,761 |
| 5-Year CAGR | 4.2% | 4.2% | 6.6% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 5.5% | 5.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62069 (Mount Olive, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $118,510 |
| Monthly Rent | $828 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +11.9% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (5.5%). 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 62069
Population: 3,102
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 62069
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
How expensive is real estate in Mount Olive, IL?
Typical homes in Mount Olive, IL go for around $119K. The 5-year CAGR of 0.0% stable price movement.
How viable is house hacking in Mount Olive, IL?
House hacking works a challenging in Mount Olive, IL. Rents of $828/mo against $119K acquisition make the strategy solid for owner-occupants.
How much do tenants pay in Mount Olive, IL?
Average rent in Mount Olive, IL is approximately $828/mo per month. Against $119K home values that yields a reasonable rent-to-price ratio.
What approach is best for Mount Olive, IL real estate?
Most investors in Mount Olive, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the tenant pool like in Mount Olive, IL?
Mount Olive, IL offers a even-keeled renter base at the $828/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 62069 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62069 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.
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