Real Estate Investing in Callao, Missouri (63534)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63534 (Callao, MO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 26.4% 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 Callao, MO (63534)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 63534 Callao
This part of Macon County is not an easy win. The 63534 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 63534 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 63534 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 63534 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 63534 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 Callao:
Market Trends
Home Value History (with trend line)
📊 How Does 63534 Compare?
| Metric | 63534 | Callao | Missouri |
|---|---|---|---|
| Home Value | $211,560 | $211,560 | $254,657 |
| 5-Year CAGR | N/A | N/A | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63534 (Callao, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $211,560 |
| Monthly Rent | $801 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 30.5% |
📈 Home Appreciation
| 1-Year | +27.6% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (3.0%). 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 63534
Population: 775
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 63534
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
What is the typical vacancy rate in Callao, MO?
Occupancy in Callao, MO runs even-keeled with elevated vacancy. Well-priced units at $801/mo lease on reasonable timelines.
What do landlords charge for rent in Callao, MO?
Expect rents around $801/mo per month in Callao, MO. With home values at $212K, the yield math works out to reasonable levels for rental investors.
How expensive is real estate in Callao, MO?
Median home price in Callao, MO is near $212K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
How strict are landlord regulations in Callao, MO?
Rental owners in Callao, MO deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What kind of market is Callao, MO for investors?
Our data puts Callao, MO at 2.0/5 for investability. Home prices of $212K and rents around $801/mo create a solid backdrop for investor activity.
You know 63534 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 63534 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.
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