Real Estate Investing in Du Bois, Illinois (62831)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62831 (Du Bois, 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.
- High vacancy: 26.1% of homes vacant — above national norms.
• 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 Du Bois, IL (62831)?
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Market Analysis: 62831 Du Bois
Investors eyeing 62831 need to respect the fundamentals at play. Home values of $167K come alongside slower price movement and elevated management overhead.
Turning to rents, the numbers look inviting — $167K purchase price, 0.0% nominal cap — the work to hit that pro forma in 62831 is substantial and deserves full respect.
Statewide comparisons place 62831 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 62831 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 62831 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 Du Bois:
Market Trends
Home Value History (with trend line)
📊 How Does 62831 Compare?
| Metric | 62831 | Du Bois | Illinois |
|---|---|---|---|
| Home Value | $166,691 | $166,691 | $279,761 |
| 5-Year CAGR | 6.0% | 6.0% | 6.6% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62831 (Du Bois, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $166,691 |
| Monthly Rent | $882 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +27.4% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (4.1%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 62831
Population: 345
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 much is rent in Du Bois, IL?
Du Bois, IL rentals go for roughly $882/mo a month. That puts gross yield in solid territory relative to $167K acquisition costs.
Is Du Bois, IL good for landlords?
Du Bois, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How high is vacancy risk in Du Bois, IL?
Vacancy risk in Du Bois, IL is elevated. That supports consistent cash flow for typical rental holds.
How should investors approach Du Bois, IL?
In Du Bois, IL the solid play is typically careful cash-flow rentals with hands-on management. The combination of $167K prices and $882/mo rents suits that approach.
Is Du Bois in IL worth investing in?
Our data puts Du Bois, IL at 3.0/5 for investability. Home prices of $167K and rents around $882/mo create a solid backdrop for investor activity.
You know 62831 now. You don’t know where it ranks.
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