Real Estate Investing in Assumption, Illinois (62510)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62510 (Assumption, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 13.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Assumption, IL (62510)?
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Market Analysis: 62510 Assumption
Not every below-median market is a bargain. Assumption's 62510 ZIP registers signals that favor experienced operators who can absorb the risk $133K pricing implies.
Rent of $828/mo on a $133K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 62510 sits below the stated 0.0% once reality is priced in.
Turning to rents, 62510 offers a low basis, the region around Assumption has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 62510 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 62510 is an operator game, not a passive one. From an investor standpoint, entry prices of $133K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Assumption:
Property Strategy for 62510
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $86,674 | $920 | 7.6% | — | $43,337 |
| 3BR | $138,243 | $1,100 | 5.7% | — | $46,081 |
Market Trends
Home Value History (with trend line)
📊 How Does 62510 Compare?
| Metric | 62510 | Assumption | Taylorville, IL | Illinois |
|---|---|---|---|---|
| Home Value | $132,597 | $132,597 | N/A | $279,761 |
| 5-Year CAGR | 8.1% | 8.1% | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| 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 62510 (Assumption, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $132,597 |
| Monthly Rent | $828 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 13.0% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +8.1% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 62510
Population: 1,573
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 62510
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 Assumption, IL a good market for buy-and-hold investors?
Assumption, IL rates 3.0/5 for investability. With median values at $133K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.
What do landlords charge for rent in Assumption, IL?
The typical rental in Assumption, IL commands about $828/mo monthly. That rent profile stable cash flow against the $133K purchase basis.
How much does a house cost in Assumption, IL?
The median home value in Assumption, IL is roughly $133K. That puts it reasonable relative to the IL statewide average.
Do landlords face vacancy issues in Assumption, IL?
Assumption, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the typical renter like in Assumption, IL?
Tenant demand in Assumption, IL is solid. The local workforce $828/mo rents across most rental classes.
You know 62510 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62510 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 62510 ranks in Taylorville, IL
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