Real Estate Investing in Breese, Illinois (62230)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62230 (Breese, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Breese, IL (62230)?
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Market Analysis: 62230 Breese
ZIP 62230 in Breese, IL carries a healthy set of headwinds. Home values near $266K and rents of $918/mo sit inside a market where underwriting has to be tight.
Meanwhile, the numbers look inviting — $266K purchase price, 0.0% nominal cap — the work to hit that pro forma in 62230 is substantial and deserves full respect.
In the broader IL picture, 62230 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A resilient renter share of 19% in 62230 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 62230 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 Breese:
Property Strategy for 62230
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $193,925 | $1,020 | 3.8% | — | $96,962 |
| 3BR | $247,616 | $1,310 | 3.8% | +8.3% | $82,539 |
| 4BR | $322,616 | $1,520 | 3.4% | +7.0% | $80,654 |
Market Trends
Home Value History (with trend line)
📊 How Does 62230 Compare?
| Metric | 62230 | Breese | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $266,110 | $266,110 | N/A | $279,761 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 62230 (Breese, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $266,110 |
| Monthly Rent | $918 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (2.7%). 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 62230
Population: 6,406
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 62230
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
Is Breese, IL a smart market for rental property?
With a 3.0/5 investability score, Breese, IL ranks as a solid market for rental property investors. Median prices of $266K and rents of $918/mo drive the underlying numbers.
What is the smart move for investors in Breese, IL?
Most investors in Breese, 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.
Is Breese, IL landlord-friendly?
IL law landlord-friendly for landlords, and Breese inherits those rules. Investors should still review local ordinances for rental licensing.
Can I live-in-and-rent in Breese, IL?
House hacking in Breese, IL is a challenging. With home values around $266K and rents at $918/mo, owner-occupants can offset a meaningful share of PITI.
How much rent can I charge in Breese, IL?
Breese, IL rentals go for roughly $918/mo a month. That puts gross yield in solid territory relative to $266K acquisition costs.
You know 62230 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62230 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 62230 ranks in St. Louis, MO-IL
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