Real Estate Investing in Niota, Illinois (62358)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62358 (Niota, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 36.0% of homes vacant — above national norms.
- Elevated poverty: 24.2% poverty rate — can affect rent collection.
• 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 Niota, IL (62358)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62358 Niota
ZIP 62358 in Niota, IL carries a notable set of headwinds. Home values near $134K and rents of $936/mo sit inside a market where underwriting has to be tight.
The investment case in 62358 is robust only for operators who understand what they are buying. A $134K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 62358 sits on the difficult end of the IL spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 62358 includes headwinds that any investor should price in. Income distribution skews lower than Niota averages, and tenant stability requires active management.
Distressed ZIPs reward experience. healthy returns are possible in 62358, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Niota:
Market Trends
Home Value History (with trend line)
📊 How Does 62358 Compare?
| Metric | 62358 | Niota | Illinois |
|---|---|---|---|
| Home Value | $133,754 | $133,754 | $279,761 |
| 5-Year CAGR | N/A | N/A | 6.6% |
| Avg Rent | $936 | $936 | - |
| Cap Rate | 5.5% | 5.5% | - |
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 62358 (Niota, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 62358 (Niota, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $133,754 |
| Monthly Rent | $936 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 19.5% |
📈 Home Appreciation
| 1-Year | +14.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (5.5%). 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 62358
Population: 525
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
Frequently Asked Questions
How tight is the rental market in Niota, IL?
Vacancy risk in Niota, IL is elevated. That supports consistent cash flow for typical rental holds.
How much rent can I charge in Niota, IL?
Rents in Niota, IL run near $936/mo. Compared with median home prices of $134K that produces solid gross yields for typical rentals.
Where do home prices stand in Niota, IL?
Niota, IL median home values land near $134K. That is reasonable territory for investors looking at $936/mo-per-month rentals.
Is Niota, IL better for rentals, flips, or BRRRR?
For Niota, IL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the investability score for Niota, IL?
Yes - Niota, IL a 2.0/5 investability score. With $134K home prices against $936/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 62358 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62358 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 62358 ranks in Fort Madison-Keokuk, IA-IL-MO
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 62358 (Niota)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 62358 (Niota, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.