Real Estate Investing in Enfield, Illinois (62835)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62835 (Enfield, IL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.2% of homes vacant — above national norms.
- Declining values: -3.1% 5-year CAGR — values have moved lower.
- Lower household income: $38,945 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Enfield, IL (62835)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62835 Enfield
ZIP 62835 inside White County looks affordable on the surface — median value of $113K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 62835 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Stepping back, 62835 offers a low basis, the region around Enfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 62835 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Enfield:
Market Trends
Home Value History (with trend line)
📊 How Does 62835 Compare?
| Metric | 62835 | Enfield | Illinois |
|---|---|---|---|
| Home Value | $112,787 | $112,787 | $279,761 |
| 5-Year CAGR | N/A | N/A | 6.6% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 5.7% | 5.7% | - |
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 62835 (Enfield, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 62835 (Enfield, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $112,787 |
| Monthly Rent | $828 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 2.6% |
📈 Home Appreciation
| 1-Year | +22.3% ▲ |
| 3-Year CAGR | -4.2% ▼ |
| 5-Year CAGR | -3.1% ▼ |
| 10-Year CAGR | -0.2% ▼ |
🏠 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 (5.7%). 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 62835
Population: 1,317
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
What is the tenant pool like in Enfield, IL?
Tenant quality in Enfield, IL ranks as solid. Landlords generally report steady occupancy at market rents of $828/mo.
What kind of market is Enfield, IL for investors?
The 3.0/5 investability rating in Enfield, IL reflects its $113K prices and $828/mo rents. Investors generally consider it a solid option within IL.
Does Enfield, IL favor landlords or tenants?
IL law landlord-friendly for landlords, and Enfield inherits those rules. Investors should still review local ordinances for rental licensing.
What does house hacking look like in Enfield, IL?
Enfield, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $113K price point reasonable to enter.
Is Enfield, IL better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Enfield, IL. With home values at $113K and rents near $828/mo, other strategies can work but produce consistent rather than outsized returns.
You know 62835 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62835 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.
AI Market Advisor
Ask questions about investing in 62835 (Enfield)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 62835 (Enfield, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.