Real Estate Investing in Shelbyville, Missouri (63469)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63469 (Shelbyville, 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.
- High vacancy: 27.7% 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 Shelbyville, MO (63469)?
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Market Analysis: 63469 Shelbyville
The 63469 ZIP in Shelbyville, MO is a local-operator market. Outside capital chasing a $237K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $237K asset, 63469 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 63469 and stronger Shelbyville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 63469 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 63469 is an operator game, not a passive one. Meanwhile, entry prices of $237K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Shelbyville:
Property Strategy for 63469
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $99,730 | $1,280 | 9.2% | +9.3% | $49,865 |
| 3BR | $220,032 | $1,710 | 5.6% | — | $73,344 |
Market Trends
Home Value History (with trend line)
📊 How Does 63469 Compare?
| Metric | 63469 | Shelbyville | Missouri |
|---|---|---|---|
| Home Value | $237,187 | $246,209 | $254,657 |
| 5-Year CAGR | 10.2% | 10.2% | 7.0% |
| Avg Rent | $1,152 | $1,107 | - |
| Cap Rate | 3.8% | 3.5% | - |
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 63469 (Shelbyville, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $237,187 |
| Monthly Rent | $1,152 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 14.0% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +13.3% ▲ |
| 5-Year CAGR | +10.2% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (3.8%). 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 63469
Population: 853
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 63469
Schools in This ZIP Code
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.
Frequently Asked Questions
Is Shelbyville, MO a good place for real estate investing?
Shelbyville, MO sits at an investability rating of 3.0/5, with median home values near $237K and average rents around $1,152/mo. That combination puts it in the solid tier for investor interest.
Are rents high in Shelbyville, MO?
Rents in Shelbyville, MO run near $1,152/mo. Compared with median home prices of $237K that produces solid gross yields for typical rentals.
Is MO a landlord-friendly state?
The landlord environment in Shelbyville, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Can owner-occupants cash flow in Shelbyville, MO?
Shelbyville, MO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $237K price point reasonable to enter.
How high is vacancy risk in Shelbyville, MO?
Shelbyville, MO carries elevated vacancy risk. Expect measured absorption at market rents of $1,152/mo.
You know 63469 now. You don’t know where it ranks.
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Community Ratings
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