Real Estate Investing in Richmond Heights, Missouri (63117)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63117 (Richmond Heights, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Richmond Heights, MO (63117)?
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Market Analysis: 63117 Richmond Heights
On balance, ZIP 63117 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $379K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 63117 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 63117 sits on the difficult end of the MO spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 63117 includes headwinds that any investor should price in. Income distribution skews lower than Richmond Heights averages, and tenant stability requires active management.
The 63117 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 Richmond Heights:
Property Strategy for 63117
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $271,178 | $1,360 | 3.6% | +4.9% | $135,589 |
| 3BR | $374,220 | $1,750 | 3.4% | +4.6% | $124,740 |
| 4BR | $587,957 | $2,020 | 2.5% | +5.0% | $146,989 |
| 5BR | $1,267,239 | — | — | +7.0% | $253,448 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 63117 Compare?
| Metric | 63117 | Richmond Heights | St. Louis, MO-IL | Missouri |
|---|---|---|---|---|
| Home Value | $379,337 | $379,337 | N/A | $254,657 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 7.0% |
| Avg Rent | $1,409 | $1,409 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 63117 (Richmond Heights, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $379,337 |
| Monthly Rent | $1,409 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +3.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 63117
Population: 9,188
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 63117
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BRITTANY WOODS
FLYNN PARK ELEM.
GLENRIDGE ELEM.
WYDOWN MIDDLE
CLAYTON HIGH
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Does Richmond Heights, MO make sense for an investment property?
Yes - Richmond Heights, MO a 3.0/5 investability score. With $379K home prices against $1,409/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are there empty rentals in Richmond Heights, MO?
Vacancy risk in Richmond Heights, MO is elevated. That supports measured cash flow for typical rental holds.
What is the typical rental rate in Richmond Heights, MO?
Expect rents around $1,409/mo per month in Richmond Heights, MO. With home values at $379K, the yield math works out to reasonable levels for rental investors.
What is the smart move for investors in Richmond Heights, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Richmond Heights, MO. With home values at $379K and rents near $1,409/mo, other strategies can work but produce steady rather than outsized returns.
How do landlord-tenant laws work in Richmond Heights, MO?
The landlord environment in Richmond Heights, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 63117 now. You don’t know where it ranks.
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How 63117 ranks in St. Louis, MO-IL
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