Real Estate Investing in Marissa, Illinois (62257)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62257 (Marissa, 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: 17.6% 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 Marissa, IL (62257)?
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Market Analysis: 62257 Marissa
The 62257 ZIP in Marissa, IL is a local-operator market. Outside capital chasing a $112K entry has to pair deep knowledge with the discount.
For an experienced owner, 62257 can be a a solid fit for hunting ground — but the discount at $112K reflects genuine risk that outside investors often underestimate.
Regionally, 62257 sits on the difficult end of the IL spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 62257 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 62257 is an operator game, not a passive one. In practical terms, entry prices of $112K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Marissa:
Market Trends
Home Value History (with trend line)
📊 How Does 62257 Compare?
| Metric | 62257 | Marissa | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $112,301 | $112,301 | N/A | $279,761 |
| 5-Year CAGR | 2.4% | 2.4% | N/A | 6.6% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 6.2% | 6.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62257 (Marissa, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $112,301 |
| Monthly Rent | $891 |
| Price-to-Rent | 10.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.2% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.2%). 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 62257
Population: 1,960
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 62257
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
Frequently Asked Questions
What are rental rates like in Marissa, IL?
Average rent in Marissa, IL is approximately $891/mo per month. Against $112K home values that yields a reasonable rent-to-price ratio.
How deep is the rental pool in Marissa, IL?
The tenant pool in Marissa, IL is solid, supported by local employment and population fundamentals. Rents of $891/mo are well-absorbed by the market.
Are homes affordable in Marissa, IL?
Marissa, IL home values average about $112K. That price point suits investors targeting rentals with $891/mo in monthly income.
Is Marissa, IL a good market for buy-and-hold investors?
Our data puts Marissa, IL at 3.0/5 for investability. Home prices of $112K and rents around $891/mo create a solid backdrop for investor activity.
How do experienced investors play Marissa, IL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Marissa, IL. The numbers - $112K homes against $891/mo rents - support that play.
You know 62257 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62257 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 62257 ranks in St. Louis, MO-IL
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