Real Estate Investing in Taylorville, Illinois (62568)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62568 (Taylorville, 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: 11.0% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Taylorville, IL (62568)?
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Market Analysis: 62568 Taylorville
The 62568 ZIP in Taylorville, IL is a local-operator market. Outside capital chasing a $147K entry has to pair deep knowledge with the discount.
For an experienced owner, 62568 can be a a solid fit for hunting ground — but the discount at $147K reflects genuine risk that outside investors often underestimate.
Turning to rents, 62568 offers a low basis, the region around Taylorville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 62568 includes headwinds that any investor should price in. Income distribution skews lower than Taylorville averages, and tenant stability requires active management.
The 62568 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Taylorville:
Property Strategy for 62568
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $56,797 | $750 | 9.5% | — | $56,797 |
| 2BR | $97,574 | $980 | 7.2% | +6.8% | $48,787 |
| 3BR | $172,092 | $1,180 | 4.9% | +7.5% | $57,364 |
| 4BR | $217,001 | $1,430 | 4.7% | +7.1% | $54,250 |
Market Trends
Home Value History (with trend line)
📊 How Does 62568 Compare?
| Metric | 62568 | Taylorville | Taylorville, IL | Illinois |
|---|---|---|---|---|
| Home Value | $147,369 | $147,369 | N/A | $279,761 |
| 5-Year CAGR | 7.7% | 7.7% | N/A | 6.6% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62568 (Taylorville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $147,369 |
| Monthly Rent | $882 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +9.0% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (4.7%). 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 62568
Population: 16,035
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 62568
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
Where do home prices stand in Taylorville, IL?
Taylorville, IL home values average about $147K. That price point suits investors targeting rentals with $882/mo in monthly income.
How deep is the rental pool in Taylorville, IL?
The tenant pool in Taylorville, IL is solid, supported by local employment and population fundamentals. Rents of $882/mo are well-absorbed by the market.
Can I live-in-and-rent in Taylorville, IL?
House hacking in Taylorville, IL is a challenging. With home values around $147K and rents at $882/mo, owner-occupants can offset a meaningful share of PITI.
How should investors approach Taylorville, IL?
Most investors in Taylorville, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Does Taylorville, IL favor landlords or tenants?
Rental owners in Taylorville, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 62568 now. You don’t know where it ranks.
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How 62568 ranks in Taylorville, IL
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