Gross rental yield of 7.33% — ranked #118 of 279 Illinois ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +8.6% | +31.2% |
| Market rent | +6.9% | +44.4% |
Metro: Springfield, IL · County: Sangamon County · Annual rent: $14,040
Similar home values, sorted by yield — the cheapest way to see if 62704 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 60429 | Hazel Crest | IL | $187,864 | $2,465 | 15.75% | 6.4 | +2.6% |
| 60620 | Chicago | IL | $186,762 | $1,558 | 10.01% | 10.0 | +2.0% |
| 62208 | Fairview Heights | IL | $196,678 | $1,411 | 8.61% | 11.6 | +1.0% |
| 62226 | Belleville | IL | $187,306 | $1,219 | 7.81% | 12.8 | +3.8% |
| 61820 | Champaign | IL | $186,485 | $1,213 | 7.80% | 12.8 | +5.7% |
| 61801 | Urbana | IL | $194,913 | $1,216 | 7.49% | 13.4 | +6.2% |
| 62959 | Marion | IL | $186,935 | $1,071 | 6.87% | 14.6 | +1.8% |
| 61264 | Milan | IL | $195,256 | $1,050 | 6.45% | 15.5 | +6.8% |
Top rental yields in all of Illinois →
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