Real Estate Investing in Worden, Illinois (62097)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62097 (Worden, 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 price-to-rent: Price-to-rent ratio 26.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Worden, IL (62097)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62097 Worden
This part of Madison County is not an easy win. The 62097 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 62097 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 62097 and stronger Worden ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 62097 ZIP's population of 2,627 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Distressed ZIPs reward experience. sturdy returns are possible in 62097, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Worden:
Property Strategy for 62097
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $159,366 | $1,110 | 5.0% | — | $79,683 |
| 3BR | $281,970 | $1,420 | 3.6% | +7.6% | $93,990 |
| 4BR | $339,720 | $1,680 | 3.6% | +7.7% | $84,930 |
Market Trends
Home Value History (with trend line)
📊 How Does 62097 Compare?
| Metric | 62097 | Worden | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $316,453 | $316,453 | N/A | $279,761 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 62097 (Worden, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $316,453 |
| Monthly Rent | $999 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.5%). 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 62097
Population: 2,627
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 62097
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,192 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Worden, IL make sense for an investment property?
Worden, IL records an investability rating of 3.0/5, with median home values near $316K and average rents around $999/mo. That combination puts it in the solid tier for investor interest.
Are eviction rules reasonable in Worden, IL?
Rental owners in Worden, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How do experienced investors play Worden, IL?
Worden, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($316K prices, $999/mo rents) make it a reasonable choice.
Can I live-in-and-rent in Worden, IL?
Worden, IL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $999/mo rent level.
What are vacancy rates like in Worden, IL?
Worden, IL carries elevated vacancy risk. Expect stable absorption at market rents of $999/mo.
You know 62097 now. You don’t know where it ranks.
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How 62097 ranks in St. Louis, MO-IL
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