Real Estate Investing in Plymouth, Illinois (62367)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62367 (Plymouth, IL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.2% of homes vacant — above national norms.
- Declining values: -1.5% 5-year CAGR — values have moved lower.
- Higher unemployment: 7.7% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Plymouth, IL (62367)?
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Market Analysis: 62367 Plymouth
This part of McDonough County is not an easy win. The 62367 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 62367 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 62367 sits on the difficult end of the IL spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 62367 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 62367 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Plymouth:
Market Trends
Home Value History (with trend line)
📊 How Does 62367 Compare?
| Metric | 62367 | Plymouth | Macomb, IL | Illinois |
|---|---|---|---|---|
| Home Value | $114,900 | $114,900 | N/A | $279,761 |
| 5-Year CAGR | N/A | N/A | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 5.6% | 5.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62367 (Plymouth, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $114,900 |
| Monthly Rent | $828 |
| Price-to-Rent | 11.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.6% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | -1.9% ▼ |
| 5-Year CAGR | -1.5% ▼ |
| 10-Year CAGR | -1.7% ▼ |
🏠 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 (5.6%). 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 62367
Population: 1,268
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
🎓 Nearby Colleges & Universities
Investor Insight: With 572 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Plymouth, IL stack up for property investment?
Plymouth, IL scores 3.0/5 for investability. Home values sit at $115K and rents near $828/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are rents high in Plymouth, IL?
The typical rental in Plymouth, IL commands about $828/mo monthly. That rent profile even-keeled cash flow against the $115K purchase basis.
Is IL a landlord-friendly state?
For rental operators, Plymouth, IL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Plymouth, IL suited for a house hack?
Plymouth, IL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $828/mo rent level.
What is the best play in Plymouth, IL?
A careful cash-flow rentals with hands-on management strategy Plymouth, IL best. The market produces steady results for that approach at the $115K price point.
You know 62367 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62367 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 62367 ranks in Macomb, IL
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