Real Estate Investing in Ingraham, Illinois (62434)
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Should you buy in 62434 (Ingraham, IL)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.2% of homes vacant — above national norms.
- Elevated poverty: 25.2% poverty rate — can affect rent collection.
• 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 Ingraham, IL (62434)?
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Market Analysis: 62434 Ingraham
The 62434 ZIP in Ingraham, IL is a local-operator market. Outside capital chasing a $172K entry has to pair deep knowledge with the discount.
For an experienced owner, 62434 can be a a solid fit for hunting ground — but the discount at $172K reflects genuine risk that outside investors often underestimate.
Within IL, ZIP 62434 trails on several market indicators that neighboring Clay County submarkets outperform. The gap is real and robust enough to shape underwriting.
Demographically, 62434 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 62434 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 Ingraham:
Market Trends
Home Value History (with trend line)
📊 How Does 62434 Compare?
| Metric | 62434 | Ingraham | Illinois |
|---|---|---|---|
| Home Value | $171,605 | $171,605 | $279,761 |
| 5-Year CAGR | 3.2% | 3.2% | 6.6% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.9% | 3.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62434 (Ingraham, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,605 |
| Monthly Rent | $864 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +19.8% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.9%). 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 62434
Population: 330
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How does Ingraham, IL stack up for property investment?
Yes - Ingraham, IL a 3.0/5 investability score. With $172K home prices against $864/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much do tenants pay in Ingraham, IL?
Rent in Ingraham, IL is around $864/mo. The resulting rent-to-value relationship with $172K pricing is reasonable for most investor models.
What is the typical vacancy rate in Ingraham, IL?
Ingraham, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are homes affordable in Ingraham, IL?
Ingraham, IL median home values land near $172K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
What type of investing works in Ingraham, IL?
Investors usually favor careful cash-flow rentals with hands-on management in Ingraham, IL. With home values at $172K and rents near $864/mo, other strategies can work but produce reliable rather than outsized returns.
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