Real Estate Investing in South Roxana, Illinois (62087)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62087 (South Roxana, IL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.1% 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 South Roxana, IL (62087)?
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Market Analysis: 62087 South Roxana
ZIP 62087 inside Madison looks affordable on the surface — median value of $92K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 62087 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 62087 and stronger South Roxana ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 62087 ZIP's population of 2,180 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
tilts toward 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 South Roxana:
Property Strategy for 62087
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $73,534 | $990 | 9.7% | +5.4% | $36,767 |
| 3BR | $112,077 | $1,270 | 8.2% | +4.6% | $37,359 |
Market Trends
Home Value History (with trend line)
📊 How Does 62087 Compare?
| Metric | 62087 | South Roxana | Illinois |
|---|---|---|---|
| Home Value | $92,293 | $92,293 | $279,761 |
| 5-Year CAGR | 3.3% | 3.3% | 6.6% |
| Avg Rent | $891 | $891 | - |
| Cap Rate | 7.5% | 7.5% | - |
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 62087 (South Roxana, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $92,293 |
| Monthly Rent | $891 |
| Price-to-Rent | 8.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.6% |
| Cap Rate | 7.5% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.5%). 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 62087
Population: 2,180
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 62087
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Roxana Junior High School
Central Intermediate School
Roxana Sr High School
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
How quickly do rentals get leased in South Roxana, IL?
South Roxana, IL carries elevated vacancy risk. Expect consistent absorption at market rents of $891/mo.
Does house hacking work in South Roxana, IL?
House hacking works a challenging in South Roxana, IL. Rents of $891/mo against $92K acquisition make the strategy solid for owner-occupants.
Are rents high in South Roxana, IL?
Rents in South Roxana, IL run near $891/mo. Compared with median home prices of $92K that produces solid gross yields for typical rentals.
What real estate strategy is ideal for South Roxana, IL?
For South Roxana, IL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Does South Roxana, IL make sense for an investment property?
With a 3.0/5 investability score, South Roxana, IL ranks as a solid market for rental property investors. Median prices of $92K and rents of $891/mo drive the underlying numbers.
You know 62087 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62087 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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