Real Estate Investing in Stewardson, Illinois (62463)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Shelby County • Population: 1,115 • Data updated: September 2026

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Should you buy in 62463 (Stewardson, IL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
WEAK
2.0 / 5 (38/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Stewardson, IL (62463)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $172,830
Avg Monthly Rent $918
1% Rule ✗ Does Not Meet
Median Income $53,226
% Renters 11.7%

Market Analysis: 62463 Stewardson

Investors eyeing 62463 need to respect the fundamentals at play. Home values of $173K come alongside slower price movement and elevated management overhead.

The 62463 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Put differently, 62463 offers a low basis, the region around Stewardson has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

From a cash-flow lens, 1,115 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Stewardson's stable or hybrid ZIPs before stepping into 62463. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Stewardson:

B Good
Buy Confidence Score: 75/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+9.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $918/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 62463

Which property type performs best in this market?

Best for Cash Flow
2BR
6.3% cap rate
Best Overall Value
3BR
$53,330/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $116,757 $1,020 6.3% $58,378
3BR $159,990 $1,220 5.5% $53,330

Market Trends

Home Value History (with trend line)

$177K$171K$164K$158K$151K$144KJan 2024May 2025Jul 2026

📊 How Does 62463 Compare?

Metric 62463 Stewardson Illinois
Home Value $172,830 $172,830 $279,761
5-Year CAGR N/A N/A 6.6%
Avg Rent $918 $918 -
Cap Rate 4.1% 4.1% -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 62463 (Stewardson, IL). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
4.1%
Fair

📊 Market Snapshot

Home Value $172,830
Monthly Rent $918
Price-to-Rent 15.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.1%
5-Year IRR 13.4%

📈 Home Appreciation

1-Year +9.3% ▲
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
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.4%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 62463

Population: 1,115

💰 Median Household Income
$53,226
This area
$53,226
State
$75,721
USA
$74,580
🏠 Renter Occupied
11.7%
This area
11.7%
State
22.2%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-3.3%
USA
3.7%
🎓 College Educated
15.4%
This area
15.4%
State
16.4%
USA
33.7%
👤 Median Age
45.4 years
This area
45.4 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
4.4%
This area
4.4%
State
11.6%
USA
10.5%
👥 Population by Ethnicity
White 98.3%
Other/Mixed 1.3%
Hispanic/Latino 0.9%
Asian 0.4%
👶 Under 18
21.7%
This area
21.7%
USA
22.0%
👴 65 and Over
29.9%
This area
29.9%
USA
17.3%
📊 Poverty Rate
6.2%
This area
6.2%
USA
11.5%

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

Do landlords face vacancy issues in Stewardson, IL?

Rental vacancy in Stewardson, IL is elevated. Investors should budget normal turnover but not chronic empty units.

How much rent can I charge in Stewardson, IL?

Rents in Stewardson, IL run near $918/mo. Compared with median home prices of $173K that produces solid gross yields for typical rentals.

How landlord-friendly is Stewardson, IL?

Landlord-friendliness in Stewardson, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What investment strategy works best in Stewardson, IL?

In Stewardson, IL the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $173K prices and $918/mo rents suits that approach.

Is Stewardson, IL a smart market for rental property?

The 2.0/5 investability rating in Stewardson, IL reflects its $173K prices and $918/mo rents. Investors generally consider it a solid option within IL.

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