Real Estate Investing in Pinckneyville, Illinois (62274)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62274 (Pinckneyville, 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.
- Elevated vacancy: 8.5% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pinckneyville, IL (62274)?
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Market Analysis: 62274 Pinckneyville
The 62274 ZIP in Pinckneyville, IL is a local-operator market. Outside capital chasing a $131K entry has to pair deep knowledge with the discount.
The 62274 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within IL, ZIP 62274 trails on several market indicators that neighboring Perry County submarkets outperform. The gap is real and notable enough to shape underwriting.
The demographic picture in 62274 includes headwinds that any investor should price in. Income distribution skews lower than Pinckneyville averages, and tenant stability requires active management.
Strategy in 62274 is an operator game, not a passive one. From a cash-flow lens, entry prices of $131K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Pinckneyville:
Market Trends
Home Value History (with trend line)
📊 How Does 62274 Compare?
| Metric | 62274 | Pinckneyville | Illinois |
|---|---|---|---|
| Home Value | $131,470 | $131,470 | $279,761 |
| 5-Year CAGR | 5.4% | 5.4% | 6.6% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 4.9% | 4.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62274 (Pinckneyville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $131,470 |
| Monthly Rent | $828 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 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 (4.9%). 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 62274
Population: 8,147
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 62274
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 Pinckneyville, IL a good place for real estate investing?
Pinckneyville, IL rates 3.0/5 for investability. With median values at $131K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.
What monthly rent should investors expect in Pinckneyville, IL?
Rent in Pinckneyville, IL is around $828/mo. The resulting rent-to-value relationship with $131K pricing is reasonable for most investor models.
What is the renter demographic in Pinckneyville, IL?
The tenant pool in Pinckneyville, IL is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.
What is the best play in Pinckneyville, IL?
Investors usually favor careful cash-flow rentals with hands-on management in Pinckneyville, IL. With home values at $131K and rents near $828/mo, other strategies can work but produce stable rather than outsized returns.
Is house hacking profitable in Pinckneyville, IL?
House hacking in Pinckneyville, IL is a challenging. With home values around $131K and rents at $828/mo, owner-occupants can offset a meaningful share of PITI.
You know 62274 now. You don’t know where it ranks.
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