Real Estate Investing in Roxana, Illinois (62084)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62084 (Roxana, 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.
- Elevated vacancy: 9.4% 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 Roxana, IL (62084)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62084 Roxana
Put differently, ZIP 62084 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $108K median. It rewards specialists, not generalists.
Put differently, the numbers look inviting — $108K purchase price, 0.0% nominal cap — the work to hit that pro forma in 62084 is substantial and deserves full respect.
Statewide comparisons place 62084 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A robust renter share of 24% in 62084 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 62084 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Roxana:
Property Strategy for 62084
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $99,222 | $1,060 | 7.7% | +6.1% | $49,611 |
| 3BR | $104,594 | $1,360 | 9.4% | +4.8% | $34,865 |
Market Trends
Home Value History (with trend line)
📊 How Does 62084 Compare?
| Metric | 62084 | Roxana | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $108,017 | $108,017 | N/A | $279,761 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 6.6% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 6.9% | 6.9% | - | - |
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 62084 (Roxana, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $108,017 |
| Monthly Rent | $954 |
| Price-to-Rent | 9.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.6% |
| Cap Rate | 6.9% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 62084
Population: 1,660
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 62084
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
South Primary School
Lewis-Clark Elem School
East Alton-Wood River High Sch
Lewis-Clark Jr High School
L&C Middle School/Region III
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
Investor Insight: With 2,909 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Roxana, IL?
Typical homes in Roxana, IL go for around $108K. The 5-year CAGR of 0.0% even-keeled price movement.
How do landlord-tenant laws work in Roxana, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Roxana generally follows the statewide framework, so landlords face reasonable operating rules.
How deep is the rental pool in Roxana, IL?
Expect a solid tenant pool in Roxana, IL. The rental market absorbs $954/mo rents without meaningful friction.
What is the average monthly rent in Roxana, IL?
Expect rents around $954/mo per month in Roxana, IL. With home values at $108K, the yield math works out to reasonable levels for rental investors.
How tight is the rental market in Roxana, IL?
Vacancy risk in Roxana, IL is elevated. That supports measured cash flow for typical rental holds.
You know 62084 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62084 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 62084 ranks in St. Louis, MO-IL
Every ZIP in this metro, ranked. Free.
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