Real Estate Investing in Benld, Illinois (62009)
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Should you buy in 62009 (Benld, 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 balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 28.6% 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 Benld, IL (62009)?
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Market Analysis: 62009 Benld
Investors scanning Benld, IL for forced-equity plays often land on the 62009 ZIP. A a credible choice for entry near $75K pairs with rents of $828/mo to widen the renovation window.
Cap rate math of 0.0% understates the return here. Post-rehab, stabilized yields climb, and the 62009 ZIP's older housing stock gives operators the opportunity set to execute.
Across IL, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 62009 comes in at both traits clearly.
In practical terms, incomes in 62009 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.
ZIP 62009 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Benld:
Market Trends
Home Value History (with trend line)
📊 How Does 62009 Compare?
| Metric | 62009 | Benld | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $74,694 | $74,694 | N/A | $279,761 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 8.7% | 8.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
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📊 Market Snapshot
| Home Value | $74,694 |
| Monthly Rent | $828 |
| Price-to-Rent | 7.5:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.3% |
| Cap Rate | 8.7% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.7%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 62009
Population: 1,746
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
Frequently Asked Questions
Is real estate in Benld, IL a good investment right now?
Yes - Benld, IL a 5.0/5 investability score. With $75K home prices against $828/mo monthly rent, the market delivers a reasonable entry point for new investors.
How should investors approach Benld, IL?
Investors who focus on value-add and BRRRR deals typically do well in Benld, IL. The numbers - $75K homes against $828/mo rents - support that play.
Can I house hack in Benld, IL?
For house hackers, Benld, IL is an attractive. The $828/mo rent on a unit helps defray the mortgage on a $75K property.
Can you find 1% rule deals in Benld, IL?
With rents of $828/mo on $75K homes, Benld, IL close to the 1% rule for most properties. The actual rent-to-price ratio is 1.11%.
Are rents high in Benld, IL?
The typical rental in Benld, IL commands about $828/mo monthly. That rent profile reliable cash flow against the $75K purchase basis.
You know 62009 now. You don’t know where it ranks.
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How 62009 ranks in St. Louis, MO-IL
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