Real Estate Investing in Prairie du Rocher, Illinois (62277)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62277 (Prairie du Rocher, 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: 11.6% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Prairie du Rocher, IL (62277)?
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Market Analysis: 62277 Prairie du Rocher
On balance, ZIP 62277 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $174K median. It rewards specialists, not generalists.
From an investor standpoint, the numbers look inviting — $174K purchase price, 0.0% nominal cap — the work to hit that pro forma in 62277 is substantial and deserves full respect.
In the broader IL picture, 62277 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 62277 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
looks to 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 Prairie du Rocher:
Market Trends
Home Value History (with trend line)
📊 How Does 62277 Compare?
| Metric | 62277 | Prairie du Rocher | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $173,959 | $173,959 | N/A | $279,761 |
| 5-Year CAGR | 7.7% | 7.7% | N/A | 6.6% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62277 (Prairie du Rocher, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $173,959 |
| Monthly Rent | $891 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +14.2% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (4.0%). 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 62277
Population: 994
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 62277
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
How much rent can I charge in Prairie du Rocher, IL?
Rents in Prairie du Rocher, IL run near $891/mo. Compared with median home prices of $174K that produces solid gross yields for typical rentals.
Is IL a landlord-friendly state?
Landlord-friendliness in Prairie du Rocher, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What kind of market is Prairie du Rocher, IL for investors?
Our data puts Prairie du Rocher, IL at 3.0/5 for investability. Home prices of $174K and rents around $891/mo create a solid backdrop for investor activity.
Does a duplex house hack pencil in Prairie du Rocher, IL?
The a challenging house-hack environment in Prairie du Rocher, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are there empty rentals in Prairie du Rocher, IL?
Prairie du Rocher, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.
You know 62277 now. You don’t know where it ranks.
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How 62277 ranks in St. Louis, MO-IL
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